Galaxy Res. Lithium der noch unbekannte Rohstoff - 500 Beiträge pro Seite

[Montekaolino]

Was hält Ihr von Galaxy Res.
Lithium der kommende Markt.
Monte

[Montekaolino]

Kürzel in Australien : GXY

[finanzmarc]

Cash?

Schulden?

Burn Rate?

Ressourcen?

Projekte?

Management?

[nebenwerte_fuchs]

Antwort auf Beitrag Nr.: 37.205.440 von finanzmarc am 19.05.09 09:15:14

Cash?

siehe http://www.galaxyresources.com.au/documents/GXY-CapitalRaisi…

Schulden (noch) nicht vorhanden.

Zur Cash-Burn-Rate kann man z.Z. nichts sinnvolles sagen, da nach erfolgreichem Abschluss der Finanzierung des Mt. Cattlin Projekts mit der Konstruktion begonnen werden soll.

einen Überblick über GXY erhält man in der aktuellen Präsi:

http://www.galaxyresources.com.au/documents/GXY-Presentation…


über eine bessere, v.a. informativere Threaderöffnung hätte ich mich gefreut.

[Montekaolino]

Galaxy schon gut gelaufen.


Lithium kommt langsam


heute in Kanada
Canada Lithium CLQ


Monte

[ktulu75]

Antwort auf Beitrag Nr.: 37.206.870 von nebenwerte_fuchs am 19.05.09 11:44:44

Hi Fuchs,

hab den Wert schon lange auf der Watchlist.... habe aber bislang den Einstieg verpasst.... lag auch daran, dass praktisch nur der teure Australienhandel zum Kauf in Frage kommt....

mich würde der Vergleich zwischen der Produktion des Lithiums aus Spodumen und Brines/ Salzseen interessieren....

wie schätzt Du den Kostenvorteil von zum Bsp. SQM im Verhältnis zu GXY ein ?
Kann GXY da langfristig mithalten? Hab gelesen die Produktion aus den Salzseen hätte erhebliche Kostenvorteile..

Nach der Präsentation liegt der Nettogewinn von GXY Pro Jahr bei etwa 30 USD pro geförderter Tonne oder hab ich da was missverstanden?

Gruß Ktulu.....

[Popeye82]

aktuelle Presentation:
www.stocknessmonster.com/news-item?S=GXY&E=ASX&N=452873

[Montekaolino]

Hallo hbg55,

haste heute im Aussiland mal RDR Reed Res. angesehen möchten auch bei Lithium mitspielen.
Schau Dir heute mal GXY an.
Monte

[Popeye82]

Galaxy Resources Secures Chinese Strategic Investor - Mining Technology - 25 August 2009
www.mining-technology.com/news/news62754.html?WT.mc_id=DN_Ne…
http://stocknessmonster.com/news-item?S=GXY&E=ASX&N=457595

"Australian producer Galaxy Resources has signed a A$156m financing deal with Chinese investment firm Creat Group to develop its lithium projects.

Creat will invest at least A$26m through a strategic placement of 19.9% of Galaxy’s expanded capital and provide a debt financing facility of A$130m.

The debt agreement allows for the developments of both the Mt Cattlin Spodumene project in Western Australia and the Jiangsu lithium carbonate project in China.

Galaxy also has plans to raise further equity by way of a placement to supplement the project’s debt finance.

Galaxy managing director Iggy Tan said that by raising additional equity through a placement Galaxy will minimise the risks during the most vulnerable phase of the project development.

“This deal provides us with a bedrock Chinese shareholder and enables us to move ahead with the development of both the Mt Cattlin Spodumene and Jiangsu Lithium Carbonate projects,” Tan said. "

[cediwi]

The rush for lithium is just beginning.

With the anticipated huge growth in hybrid electric vehicles among others demand for lithium is expected to skyrocket.

Author: John Chadwick
Posted: Wednesday , 26 Aug 2009

LONDON -

Dan Gleeson writes in International Mining's September Leader on the growing importance of and interest in lithium, and, by association, Bolivia. In his latest newsletter, A Buck or Two, Tjalling (TJ) de Jong also reports on the different lithium plays. TJ writes, "A small number of countries produce lithium from either brines or concentrates, Chile being the largest producer. Argentina, Chile and Australia together accounted for about 82% of the total lithium production in 2008. Supply of lithium is dominated by production of lithium from brines SQM FMC lithium and Chemetall and the sole mineral producer Talison Minerals of Australia. China has been ramping up production since 2000 but as of 2008 supplies 8% to the lithium market." In just the past week alone we have heard from five lithium explorers.

The majority of known resources are in the Bolivian Altiplano which is thought to host around 50% of global lithium resources; yet the country is unwilling to give up this land without ensuring that it profits from it. President Evo Morales has already nationalised the country's oil and natural gas sectors and is being very protective over this valuable lithium resource - see: Bolivian Govt aims to become global kingpin of lithium
The main uses for lithium have been batteries, ceramics and lubricating greases. Demand is expected to grow significantly as auto makers begin to produce hybrid electric vehicles (HEV) and electric vehicles (EV). TJ says "Lithium Ion Batteries are the preferred method for electrifying these vehicles. World production has come from 13,000 t to about 22,800 t lithium in 2008." Japan, Korea and China already have national Lithium Ion Battery technology development programs. When David Pescod of Canaccord Capital touched base with TJ, and asked for some stock picks, he said he prefers the plays that are based on brine because of their huge cost advantage.

Galaxy Resources has signed agreements for financing of its lithium project with China's Creat Group, raising at least A$26 million for the company. In addition, Creat will provide Galaxy with 100% debt finance of around A$130 million for the purpose of developing both the Mt Cattlin spodumene (lithium/tantalum) and Jiangsu lithium carbonate projects.

Managing Director, Iggy Tan said "this deal provides us with a bedrock Chinese shareholder and enables us to move ahead with the development of both the Mt Cattlin spodumene and Jiangsu lithium carbonate projects."

Galaxy has completed a definitive feasibility study that suggests Mt Cattlin (Ravensthorpe, Western Australia) is commercially viable based on a processing rate of 1 Mt/y over a 15 year mine life. The company is planning to commence the development of the mine and the construction of the mineral processing plant in Q3, 2009 with first concentrate production scheduled for Q3, 2010.

The company has also commenced a prefeasibility study into the value adding downstream production of lithium carbonate (Li2CO3). Galaxy plans to establish a 17,000 t/y lithium carbonate plant in China due to lower associated capital and operating costs, as well as being close to the strategic growing battery markets in Asia.

Linear Metals is reactivating exploration on its road accessible, 100% owned, Seymour Lake lithium/tantalum/beryllium property located to the north of Lake Nipigon, near Armstrong, in north-western Ontario, Canada. Linear says "the project is being reactivated in response to rising prices for elements such as lithium and tantalum. Brian MacEachen, President & CEO: "Historic exploration on the large Seymour Lake property has returned some very exciting lithium grades. Incredibly, lithium has never been the primary focus or target of an exploration program and as such the true potential has yet to be tested. We are taking immediate steps to initiate a drill program that will specifically target lithium mineralisation at Seymour Lake."

Lithium One has announced the first results from its Phase 2 diamond drill program at the James Bay lithium project in Quebec, Canada. Consolidated Abaddon is in the process of staking high potential lithium prospects in North America. It is also "evaluating existing lithium prospects for possible joint venture or acquisition."

Ashburton Resources has signed an agreement to acquire a 100% interest in 37 mineral claims with known occurrences of lithium bearing springs and clays in Churchill and Pershing Counties, Nevada, USA. The claim block has historically showed total lithium contents ranging from 86 to 1,480 ppm from rock and soil samples in auger holes. Ashburton says "Chemetall-Foote Corp.'s Silver Peak operation, located in Clayton Valley [320 km] south of the property, is the only lithium brine producer in North America and has been in production since 1966."

Also in Nevada is Canada's Western Lithium where its flagship Kings Valley property has a NI 43-101 resource estimate for the initial stage of development and in total hosts a historically estimated 11 million tonnes of lithium carbonate equivalent (LCE). Stage 1 of what could be a huge project boasts an indicated resource of 48.1 million tonnes grading 0.27% lithium with a lithium carbonate equivalent (LCE) - 688,000 tonnes and 42.3 million tonnes grading 0.27% lithium (LCE - 606,000 tonnes) inferred. A scoping study is planned for completion during the current quarter and if all goes well the company is aiming for first production in 2013.

John Chadwick is editor/proprietor of International Mining magazine - www.im-mining.com

http://www.mineweb.com/mineweb/view/mineweb/en/page72102?oid…

[cediwi]

Aus dem HC Board:

Considering they have already had interest over and above what they currently have justified in the ground, one would think it shouldn’t take too long. This announcement and the actual granting of the mining approval needs to occur this qtr so that the planned construction can begin. A lot of BIG ticks to occur shortly that will give the SP a kick a long. Interesting to see what the off take partner/s are willing to pay to secure the supply. From this we should be able to gage what this little project is worth and could be worth. Also forgot about the BFS to the processing plant in China... All happening in the next few months..... timing could not be better...



Galaxy seeks offtake deals for lithium project
KATE EMERY, The West Australian August 26, 2009, 6:39 am

Galaxy Resources has turned its attention to securing offtake agreements over its flagship lithium project after unveiling a $200 million funding deal that sent its shares up 8 per cent yesterday.

As flagged by The West Australian, Galaxy has struck a deal with China's Creat Group that will include a $130 million debt facility and a $26 million placement for 19.9 per cent of the company.

Investors responded to the news by pushing Galaxy shares 10.5¢ higher to $1.395.

Galaxy will also raise additional equity through a placement to institutional investors, expected to raise nearly $50 million.

Galaxy managing director Iggy Tan said offtake agreements over the Mt Cattlin project, which it hopes to bring into production by this time next year, would be the group's next focus.

Galaxy has already received letters of intent for up to 22,000 tonnes of lithium carbonate a year, exceeding its production target of 17,000tpa.

Galaxy is the second WA junior to do a company-making deal this week after BC Iron confirmed on Monday it had received final sign-off from joint venture partner Fortescue Metals Group over its Nullagine iron ore project.

BC shares, which slipped 2.5¢ to $1.03 yesterday in a gloomy market, are still up nearly 7 per cent since the announcement.

Also yesterday, fellow lithium hopeful Reed Resources secured $10.9 million through a placement and a share purchase plan, intended to advance its recently acquired Mount Marion lithium project as well as its Barrambie vanadium project.

Shares in Reed were 1.5¢ lower at 37.5¢.

[cediwi]

Noch einmal zur Finazierung des Projekts:

Charging up lithium hopes

EMERGING lithium producer Galaxy Resources is about to embark on an international roadshow to raise around $53m to supplement the debt financing it secured from a Chinese investment group last week.

Galaxy says it obtained the $130m 100 per cent debt finance on very attractive terms from private Chinese investor Creat Group. The money will be used to fund the construction of lithium operations in Australia and a carbonate plant in China.

Lithium, widely used in batteries for mobile phones and laptops, has been in great demand in recent months because lithium-ion batteries are expected to be the key technology for electric vehicles and large-scale storage for renewable energies such as wind and solar.

Last week, Germany added to the bullish outlook for electric vehicles, passing a law that requires one million electric vehicles on its roads by 2020, adding to initiatives elsewhere in Europe and in China and the US.

Shares in Galaxy and another emerging lithium producer, Orocobre, jumped sharply this month, with Galaxy up 42 per cent, and Orocobre, which has a salt-lake resource in the Andes, where most of the world's lithium is produced, up 55 per cent.

As part of the deal with Creat, Galaxy will sell $26m of shares at the pre-agreement price of 88c each, equivalent to a 19.9 per cent stake. Galaxy will also raise an extra $53m in the institutional placement, likely to be priced around the 30-day average of about $1.05 a share.

Galaxy says it will be able to finalise offtake agreements with Asian battery makers and will use the extra equity capital as a buffer in case of cost overruns or to pay back debt once operations are established.

Galaxy stock last closed at $1.42, which has also put the options recently allotted to senior executives, including managing director Iggy Tan, well into the money.

Tan will be able to exercise two million options at 60c each once the debt and equity funding is finalised, and a further two million at the same price once the China-based carbonate plant has run at the specified capacity for three months.

http://www.theaustralian.news.com.au/business/story/0,28124,…

[Montekaolino]

Zur Info.

Da tut sich was.

=DJ INTERVIEW:Galaxy Resources:Seeking A$54 Mln From Placement
BEIJING (Dow Jones)--Galaxy Resources Ltd. (GXY.AU) plans to raise about A$54 million in an equity
placement to fund lithium projects in Australia, Managing Director Iggy Tan said Wednesday.
The company will start a global roadshow for the placement next week that will include stops in China,
Hong Kong, Singapore and the U.K., Tan told Dow Jones Newswires in an interview in Beijing.
He said the Australian lithium miner is talking with a variety of potential investors, including Chinese
state-owned companies.
"We want to have that cash in our hand if there are any delays (in the lithium projects)," he added.
The funds Galaxy Resources plans to raise in the placement are on top of the A$26 million the
company received from Chinese private investor Creat Group Co. last week, when Creat agreed take a
19.9% stake in the miner.
The Chinese firm also agreed to provide Galaxy with 100% debt finance of about A$130 million to
develop the Mt Cattlin mine in Western Australia state and build a lithium carbonate processing plant in
China's Jiangsu province.
Demand for lithium has increased in recent years as new applications have been found for the mineral,
for example, in the lithium ion batteries used to power electric vehicles.
Creat Chairman Zheng Yuewen will join Galaxy's board, Tan said, adding the Beijing-based company
said it would maintain the size of its shareholding in Galaxy after the equity placement.
Galaxy plans to start developing the Mt Cattlin mine within the current quarter.
The company will also begin building a 17,000 metric-tons-a-year mineral processing plant in Jiangsu
during the period. Production is scheduled to start next year.
Tan said the Jiangsu plant's customers would include companies in Japan, Korea and Europe, though
he said he expected the plant to sell most of its lithium in China.
China consumes about 25,000 metric tons of lithium a year. The country's output is only about 8,000
tons a year.
"China's lithium imports come from Australia and South America. The country doesn't have enough
supply to meet its large demand for the mineral," said Tan.
He said the Jiangsu factory's annual sales could be about A$166 million a year.
"We will become the largest lithium carbonate producer in China when our project starts operation," he
added.
-Juan Chen contributed to this story; Dow Jones Newswires; 8610 6588 5848;
[e-mail]
September 02, 2009 07:41 ET (11:41 GMT)
©2009 Dow Jones & Company, Inc. All Rights Reserved.
back
Ref: 56495864
Dow Jones Newswires
02/09/2009
Business & Finance
Region: Australia
Region: Australia
MTWTFSS

[cediwi]

Da kann man ja gespannt sein, ob es gelingt, den nicht gerade geringen Anteil zu platzieren.

Mir gefällt auch der Ansatz, d. sie für evtl. eintretene Verzögerungen selber "flüssig" sein wollen, um nicht in so einer Phase reagieren zu müssen. Was anders passiert, wenn nicht alles unter Dach und Fach ist, musste ich bei Lynas leidvoll erfahren.

Wird sicher sehr spannend, wie am Ende die Gesamtfinanzierung aussieht. Nimmt man den momentanen Börsenwert und den avesierten Umsatz von A $ 166 Mio. ist bei einer umfassend geglückten Finanzierung sicher noch Luft nach oben - wir werden sehen.

[Montekaolino]

Antwort auf Beitrag Nr.: 37.910.800 von cediwi am 03.09.09 14:19:30

Hallo,
kommt sicher auch darauf an wie nächste Woche die Rodshow
ankommt.
Monte

[Montekaolino]

Zur Info. Aus dem Board www.hotcopper.com.

Sounds like GXY? ... arrived today via email

-----------------------------------------------------
On 25 August, the clock started ticking on your
chance to profit from an auto industry 'arms race'...

Here's Why The Rush For
'Ravensthorpe Rock' Could
Double Your Money By Year End


Dear Investor,

On 25th August, 2009, far away from the financial centres of London, Tokyo and New York, a deal was signed that could solve one of the biggest problems facing the global auto industry - and make a few lucky ground floor investors very rich...

The deal - between a small Aussie miner and a Chinese private equity firm - concerned a 14.3m ton rock deposit just off the Southern Highway at Ravensthorpe W.A.

As I'll explain in this letter, the market for this deposit - or, more specifically, the mineral contained within it—is on the cusp of a MASSIVE rise in demand.

Corporate giants like Mitsubishi, LG Group, Sumitomo, Ford, Nissan and BYD Auto are desperate to get their hands on it... industry analysts predict the rush to secure it could send the price of this mineral soaring by over 297% in coming years.

That would be a massive price squeeze ...

And on 25 August one tiny listed Australian miner secured A$130 million in private finance to begin developing its vital mineral resource.

If the next few months play out as I expect them to, this company could see an incredible rise in its fortunes...

And that's why I'm writing... because today you can pick up a stake in this firm for peanuts...

This stock is below $1.50... but for how long?

That's the urgent question you need to concern yourself with as a private investor.

You see, this is a niche story right now. News of the deal was broken on the Asian 'ABN newswire' - not many Aussie investors would have heard about it.

Take it from me: this is a "game changer" for the auto industry - it's not going to stay low-key for very long.

Interest is starting to build around this tiny Aussie firm, the "Ravensthorpe Rock" it's sitting on, and the pivotal position it occupies in the automobile industry, all of a sudden.

In the midst of the global financial crisis this small firm has been quietly and patiently conducting feasibility studies, arranging financing and evaluating project financials.

It looks very much like its planning is about to pay off...

Now the financing is in place, we're closer to finding out what this company's mineral resource is truly worth... I'm expecting this cracking little firm will now kick start Step Two of its plan into action.

From there on, my bet is that demand from the auto industry for this key mineral will push the share price higher and higher.

We're not there quite yet.

There are a few more ducks to line up, as I'll explain in a moment. But as an investor your window of opportunity is open now. Each $1.50 you put down today could be doubled - even tripled - in a matter of months...

If that kind of a return interests you, I advise you to drop everything and read this letter right now.

Because once this takes off, you could be priced out of the serious profits VERY quickly...

I'll tell you more about this small company in a moment. First let's take a look at just how monumental the rise in demand for this mineral will be...

Where the profits are in the 'clean car' revolution...

Why electric cars are the future...and how that could spell profits for you.

It's easy to dismiss electric cars as a fad, but the revolution is on its way...

* In May the Toyota Prius was the best-selling car in Japan.

* Nissan received a US$1.6 billion loan from the U.S Department of Energy to develop its new 'Leaf' electric car.

* Nissan wants to roll out 50,000 electric vehicles by 2010 and mass-produce them globally by 2012.

* China's BDY Auto will start selling its F3DM hybrid car to consumers this month.

* The US Department of Energy loaned Ford Motor Co. $5.9 billion to make plants in Illinois, Kentucky, Michigan and Ohio to produce fuel-efficient cars.

This will fuel a huge demand for lithium, and make owners of the resource extremely rich.

The time to buy your stake is now - before the market decides on the true value of this opportunity!
Think how many cars are in the world right now. And then think how many cars there's going to be in ten years time when everyday Joes in China, India and even Russia can afford a family car or two. That's going to be a colossal amount of autos...

So imagine if every car built after 2010 contained engines entirely different than the one you find in your petrol powered car. Those engines—each and every one of them—each require one simple element to build.

Now imagine you own a significant quantity of that element that can be mined economically. Imagine you had already lined up the financing to mine it, process it, and ship it to a plant where you turn it into the vital ingredient needed by the new electric car industry.

What would that be like?

It would kick of a rush for this element the way Henry Ford's cars kicked off the oil rush in the last century.

That's the situation we're facing today...

The era of the fully petrol powered car is drawing to a close. It won't happen overnight. But you've probably seen the early warning signs already...Barrack Obama calling for 1 million electric cars on US roads by 2012...celebrities like Leonardo Di Caprio or Cameron Diaz driving their Toyota Prius hybrid cars...General Motors' throwing away its business on gas guzzlers. But this is only the beginning...

A technological 'arms race' is under way. Business Week has dubbed it "The Electric Car Battery War".

Right now, the world's key car manufacturers - Nissan, Toyota, Mitsubishi, Ford, Volkswagen - are piling millions into developing efficient, affordable electric powered cars.

It's fast developing into a sprint race to get to market first

And the key to victory?

Creating a cost-effective lithium ion battery.

Once perfected, it's going to herald a motoring revolution. Whether it's hybrid cars or fully electric cars, if the motor industry has its way, every new car will be battery powered in some way.

Toyota's Executive Vice President Masatami Takimoto even said he wants hybrid cars to account for 100% of the company's cars by 2020!!

Now, to make all those batteries you're going to need a hell of a lot of lithium.

And guess what? The "Ravensthorpe Rock" I mentioned earlier is a 4.3 million tonne deposit of lithium ore, waiting to be mined!

Here's why this investment should be a 'no brainer'...

A three-step strike on the Asian auto
industry for maximum returns...

Instead of just pulling this ore out of the ground and selling it off to Nissan or Ford, this company's owners have bigger ambitions.

They've launched an audacious three-step plan to strike right at the heart of the Asian car industry for maximum returns.

If this plan pays off it will TREBLE the value of the Ravensthorpe project and turn the company into the world's fourth largest lithium carbonate producer!

And the great thing is you could see profits before an ounce of lithium comes out of the ground.

Right now the company's share price has hit a sweet spot. It's still selling at a serious discount (its market capital is way below of the value of the project) but its ambitious plans are fast becoming reality.

Pressure for a sudden spike is building. As the company ticks off stage after stage of its plan, the price looks more and more likely to keep on rising. Now is the time to learn more about this specific company and the entire new industry it's a part of. Don't delay.

Step One is already completed - your time is running out

The company has just overcome one of the biggest obstacles to its success.

On 25 August it announced it had received A$26 million in equity finance and A$130 million of debt finance from a Chinese private equity company to finance the second and third stages of the plan.

This is a HUGE achievement in today's economic climate. Now this is finalised, I honestly don't know how long it will be before institutional investors start piling in...

That's why if you want a slice of the action, you can't hang around. It is making considerable progress on its strategic plan.

Step Two is building the mine and the ore processing plant in Western Australia. Barring a total collapse in demand or another global crash, it should be on track.

But it's Step Three that is the real pearler. If the company achieves this it will be smack bang in the middle of the rush for lithium...

If this succeeds, you could sit back and watch your money double in a matter of months, perhaps weeks...

You see, once the ore is extracted and separated from the other rocks, it needs to be turned into something known as lithium carbonate.

The profits from selling lithium carbonate are much higher than the return from selling the ore alone. So in order to maximise its profits the company's CEO has taken a bold decision.

He wants to build a lithium carbonate processing plant right at the very heart of the world's emerging electric car industry...in Jiangsu, China.

Step Three could TRIPLE the value of the project

That's right - it's taking the lithium right to where demand is the strongest. It's a good place to be a supplier, don't you think? The company does. It's estimated doing this could TRIPLE the value of the project.

Imagine how that would affect this $1.50 share...

With the funding in place, the company's plan is fast becoming a reality. But it is still early enough that speculative investors stand to profit if they are willing to take a punt in exchange for the risk.

The risk, of course, is that the plan doesn't work. Or the financing falls through. Or something else. It could even be that the electric car industry never really makes it to the road.

But I don't think so. With demand for lithium set to explode in the next few years, this company's share price could ride the rise with the lithium price for the life of the mine...the next fifteen years!

And there's a good reason why...

Safe supplies of lithium on China's doorstep spell
$85 million net cash each year for the next 15 years

The bulk of the world's lithium deposits are in South America - in particular, Bolivia.

Not only is this a long way from China, but there's also a high level of political risk in Bolivia. Bolivian President Evo Morales has already nationalised the country's gas and oil industry - reneging on contracts with foreign investors.

That's good news for our stable Aussie producer on China's doorstep. Returns on the mining alone are estimated to be $85 million net cash a year for the next 15 years...more if step three comes into play.

Just picture having this stock in your portfolio, rising year on year, watching the profits the build up as the auto industry 'revolution' takes hold...

I've laid out everything you need to know about this perfectly placed Aussie miner in the latest issue of Diggers and Drillers - Australia's premium resource investment newsletter.

You'll get the name, ticker symbol, entry price and realistic target price - along with an in depth account of the company's prospects over the months and years to come.

This really is a watershed moment for the auto industry. And this company gives you the best chance to get in on the ground floor.

So don't waste any more time.

It won't be long until mainstream investors are all over this like a rash. When that happens you'll be swiftly priced out of the action. Click through on the link below to get your hands on my full investment briefing now...

Click HERE to read the latest
issue of Diggers and Drillers

Monte

[Popeye82]

Antwort auf Beitrag Nr.: 37.910.800 von cediwi am 03.09.09 14:19:30

Hallo Cediwi,

Scheint mir auch ein sehr bedachtes, wie zu begrüßendes, Vorgehen. Die meisten sind ja momentan schon froh, wenn sie iiirgendwie das nötige Geld zusammenkratzen können. Ich hoffe, die Mail hat Dich erreicht?

Gruß,
Popeye

[Montekaolino]

Zur Info.

Übersetzung urch google.

Lithium auf Galaxy Liste der Projekte.

Qi Zhang (China Daily)
4/9/09

http://www.chinadaily.com.cn/bizchina/2009-09/04/content_865…

Australian Lithium-Start-up-Galaxy Resources A $ 50 Mio. ($ 44 Mio. EUR) zu investieren, in einer Lithium-Karbonat-Projekt in China erhöhen wird, so dass es das Land der größte Produzent Lithiumcarbonat, nachdem sie beginnt mit der Produktion im nächsten Jahr.
Die neuen Lithium-Karbonat-Anlage wird das Element von Western Australia Bergwerken und verarbeiten sie in Zhangjiagang, einem Hafen in der Nähe von Shanghai, die boomende Nachfrage nach Lithium-Ionen-Batterien in China und im Ausland gerecht zu werden, sagte Craig Readhead, Vorsitzender des Galaxy, China Daily "auf einer Unterzeichnung gestern.
"Wir rechnen damit, seine jährliche Produktionskapazität von 170.000 Tonnen pro Jahr doppelt in ein paar Jahren", sagte er.

Der Deal ist Teil eines kürzlich erfolgten Umzug von Galaxy und Peking-Investment Gesellschaft mit Sitz Creat-Gruppe, die letzten Monat beschlossen, A $ 26 Millionen in die Eigenkapitalfinanzierung zu injizieren und verpflichten A $ 130 Millionen in die Fremdfinanzierung für eine 19,9-Prozent-Anteil von Galaxy und nutzen Sie die Unternehmens Lithium aus dem Boden.

RZB Österreich wird die Federführung bei der Finanzierung von A $ 130 Mio zu nehmen, sagt Sun Yimin, Vice-President of Creat Mining Investment Ltd, eine Tochtergesellschaft der Creat-Fraktion.
Er fügte hinzu, dass die Venture auch ein Lithium-Konzentrat-Anlage in der Nähe der zweitgrößte der Welt Lithium-Mine in Westaustralien, in der Galaxy über A $ 68 Millionen investieren werden, einschließen würde. Ausbeutung der Mine beginnen noch in diesem Jahr.

Die Lithium-Karbonat-Anlage in China werden mit 40 Prozent seiner Produktion in den chinesischen Markt zu verkaufen, und der Rest wird im Ausland gehen, vor allem nach Japan und Südkorea, sagte Sun. "Wir haben bereits Aufträge auf 220.000 Tonnen Lithiumcarbonat, von denen die japanische Mitsubishi Corporation bestellte 5000 Tonnen", sagte er. "Die Versorgung kann nicht die Nachfrage zu decken."
Lithiumcarbonat ist in Lithium-Ionen-Batterien, die vor allem für Mobiltelefone und Elektro-Autos verwendet werden. Es ist eine boomende Branche in einer Welt verzweifelt nach alternativen Energiequellen.

So., sagte der jährlichen globalen Nachfrage nach Lithiumcarbonat konnte auf 300.000 Tonnen bis zum Jahr 2020 verdreifachen, von der derzeitigen jährlichen Bedarf von 110.000 Tonnen, mit 15 Prozent Wachstum pro Jahr. Elektro-Autos werden für ein Drittel der gesamten Konto Lithium-Kapazität. China hat eine riesige Nachfrage nach Lithiumcarbonat, stand auf 25.000 Tonnen pro Jahr.
Chinesisch elektrische Autohersteller BYD, sagte in dieser Woche US-Milliardär Warren Buffett will seinen Anteil an der Gesellschaft zu erhöhen, während die japanische NEC Corp Teil der geplanten 2 Milliarden Dollar Fundraising für Lithium-Ionen-Batterien verwenden.

Monte

[Montekaolino]

Was ist heute in Australien los bei den Litium Werten.

GXY, RDR, RWD und ORE sind nich zu halten .
Monte

[Montekaolino]

Schlußkurs heute
180 Cent
plus 0,415 cent = 30 %


Monte

[Montekaolino]

Info über Lithium in Australien kann mal

www.australian-lithium.com.
anklicken.
Monte

[Montekaolino]

Zur Info.
The Australian posted this article on their home business page this morning

FORGET about iron ore, rare earths or even gold: the real flyer at the moment is any stock with an exposure to lithium.

Lithium is in hot demand as China turns to electric cars and scooters in a serious way.

Lithium has applications in ceramics, glass manufacturing, lubricants and treating depression, but it's demand for lithium-ion batteries which has got investors excited in the last couple of weeks.

According to Galaxy chief Iggy Tan, lithium demand is expected to soar from 100,000 tonnes currently to 300,000t by 2020. And there isn't a lot of new supply coming on.

Galaxy is in pole position with its Mt Cattlin resource at Ravensthorpe in Western Australia, which the company claims to be the world's second-biggest hard rock lithium deposit.

The company this morning announced a small deal to acquire an 80 per cent interest in Traka Resources nearby ground, thus extending Galaxy's resource base and enhancing the viability of Mt Cattlin.

“Our clear intent is to fast track moves towards production and build a sustainable resource and tenement base,'' Tan says. “The acquisition is a clear example of the company's intent to capture a large part of the total world lithium production at a time when vehicle manufacturers are clearly showing a preference towards long life, battery fuel cell vehicles.''

Galaxy is backed by Chinese tycoon Zheng Yuewen, who has taken a $26 million, 19.9 per cent Galaxy stake. He's also committed $130 million of debt funding to the project, which would also involve a processing plant at the China end to produce 17,000 tonnes of battery grade lithium carbonate annually.

Galaxy hopes to be producing in a year's time, which -- dare we say -- sounds an ambitious timetable.

“We are the next project to get up and running,'' Tan says. “The others are well behind us and the industry is going to get short (of lithium) again.

The bad news for investors is that Galaxy's share price has already had a decent run (up 150 per cent over the last two months).

Still, Galaxy's $150 million market cap is defensible and it's one to hold on to for the demise of the carbon economy.

Good luck everyone - as someone said before put in the bottom draw and throw away the key!!!

Cheers Digs

[cediwi]

Es läuft doch nicht schlecht. Stillstand ist scheinbar nix für GXY. Jetzt haben Sie noch – für kleines Geld - ein neues angrenzendes Objekt (zu 80 %) erworben, indem sie nun zeitnah mit den Bohrungen loslegen wollen. Halt` ein wenig Phantasie, wenn sicher nicht das entscheidene Argument für GXY.

Zudem kann ich mich gut mit den selbstbewussten Aussagen aus Montes Artikel anfreunden.

[Montekaolino]

Antwort auf Beitrag Nr.: 37.945.509 von cediwi am 09.09.09 12:58:39

Hallo,
habe schon gedacht bin hier Alleinunterhalter.
Bin der Meinung in den nächsten 6-12 Monaten werden wir noch manche Freude haben.
Wir sind erst am Beginn einer Storry.
Auch wenn mal ein kleiner Rücksetzer kommt ist normal bei den
Anstieg bis dato.

Monte

[Montekaolino]

Zur Info.

Hi Trader, The best i can do with my limited knowledge is post the link below so you can check the chart analysis for GXY yourself. Its a handy site, i use this site for all my trading because i don't know enough about reading charts etc. It looks good with a target for 6mths 2.80 and 1yr 3.27 (IMO it will exceed this target easily) Its also showing a 4 star buy. goodluck, cheers Kaz

http://au.stoxline.com/q_au.php?symbol=GXY&c=ax&Analysis=Analysis

Monte

[Montekaolino]

SK heute 200 Aussicent.
Monte

[cediwi]

Monte,

dann unterhalten wir uns halt` ein wenig. Der Berliner Makler schafft ja auch immer ganz witzige Umrechnungskurse bei GXY. Heute wollte er gerne mal 1 AUD $ zu 0,50 € setzen. Leider würde zu der Kurssetzung keine Ausführung erfolgen.

Bin bei GXY immer noch vom Kursverlauf hin- und hergerissen. Dieser starke Anstieg schreit ja förmlich nach einer Konsolidierung, doch ist in den letzten Monaten GXY immer nach einem starken Anstieg nach kurzer Zeit wieder auf die nächste "Spitze" hochgeschossen. Mal gucken was diesmal kommt.

Nachfolgend noch ein Beitrag über GXY. Sollte vielleicht sogar LYC Mut machen, d. sie die weiteren chinessichen Beteiligungen in Australien positiv werten und weiter fortführen wollen.

China adds shine to Galaxy
John Garnaut
in Beijing
ZHENGYUEWEN, a golfplaying,
Bentley-driving
entrepreneur who controls the
Beijing-based Great Group,
seems entirelyunbothered
about the state of the Australia-
China relationship.
The five weeks since his
company inet Iggy Tan, the
managing director of Australian
lithium start-up Galaxy, has
coincided with the most torrid
stretch of diplomatic relations
between the two countries in
37 years. And yet in that time he's
stumped up $26 million in
equity financing and committed
$130 million in debt financingto
receive 19.9 per cent of Galaxy
and get the company's lithium
dream off the ground.
"Galaxy met Great for the first
time on [July 31], we did the due
diligence and documents in
72 hours, and we're signing
today," said Linda Liu Bearne,
the head of China-Australia
Investment, who introduced the
companies in Beijing.
"We received two offers in the
first three tries," she said.
Adam Handley, a partner in
Corrs Chambers Westgarth's
China practice, has just sealed
three China resources deals in
less than a month.
He advised Yangzhou Coal
Mining in its $3.7 billion deal
with Felix Resources, Baosteel in
its $286 million investment in
Aquila Resources and now Great
Group's investment in Galaxy.
"We don't see business appetite
for Chinese business investment
in Australia in any way being
affected bythe current political
issues," he said.
"And there's a number of other
significant transactions in the
pipeline."
The Chinese Government
appears to have taken a strategic
decision not to let its diplomatic
fury get in the way of its need to
support greater investment in
Australian resources in order to
secure great security of supply.
Fortescue Metals Group has
also inked an agreement with the
China Iron & Steel Association
that requires the association to
arrange tip to $6 billion in debt
finance to fund FMG's
expansion plans. It remains
unclear whether the industry
association has the leverage to
implement the hastily arranged
agreement before it expires on
September 30.
Analysts are closely watching
howAustralian companies fare
when investing in China, which
typically requires layers of
Chinese Government approvals
and support.
With Zheng's Great Group as
its largest shareholder, Galaxy
plans to start producing lithium
at Ravensthorpe, Western
Australia, next month and
processing it into lithium
carbonate at a plant near
Shanghai by this time next year.
Great Group's major
investments are in apple juice,
blood products and high-voltage
electricity generation
technology.
Zheng's private wealth is
valued at $US260 million by
Forbes, and has saved Galaxy the
headache of securing approval
from Australia's Foreign
Investment Review Board, which
takes a tougher line against
state-owned investors.
"They're a private Beijing
investment group so the only
approval required is from the
Galaxy shareholders, which will
happen around October 12,"
said Mr Tan.
Mr Zheng, who worked in
China's Ministry of Railways
before starting up the Great
group, is not a member of the
Communist Party


Der Link hätte sicher gelangt, da wir aber hier unter uns sind......

[Montekaolino]

Antwort auf Beitrag Nr.: 37.954.972 von cediwi am 10.09.09 15:26:31

Hallo,
genau so machen wir es.

Aus Hotcopper.com
wäre nicht unzufrieden wenn es so kommt.


Agree with you guys...

By i would like to setup the price in short Targets

By End of the year ...$ 4
By End of next Year....$35
...By End of next Year....$135

[Montekaolino]

SK heute 219 Aussicent

Monte

[brocklesnar]

Antwort auf Beitrag Nr.: 37.959.579 von Montekaolino am 11.09.09 08:36:11

hat jemand einen Rt-Chart aus Australien?

[Montekaolino]

Antwort auf Beitrag Nr.: 37.960.605 von brocklesnar am 11.09.09 10:32:27

Hallo,
RT leider nicht aber unter


www.stocknessmonster.com oder

www.bouerseinvestor.com

ca 15 Minuten später.
Monte

[Videomart]

Antwort auf Beitrag Nr.: 37.960.605 von brocklesnar am 11.09.09 10:32:27

hat jemand einen Rt-Chart aus Australien?

[Videomart]

What's Driving Lithium? Merrill McHenry on the "Technology" Metal
Commodities / Metals & Mining
Sep 11, 2009 - 01:59 AM
By: The_Gold_Report

http://www.marketoracle.co.uk/Article13369.html

[Montekaolino]

Antwort auf Beitrag Nr.: 37.966.603 von Videomart am 11.09.09 23:33:19

Hallo,
der Artikel ist sehr gut.
Haben ihn mal bei Hotcopper in Australien eingestellt.
Monte

[cediwi]

Nicht das hier noch jemand in seinem Depot GXY übergewichtet; vielleicht wollte der Makler auch einfach nicht einschlafen:

Börse Berlin

11:11:10 1,30 100
08:32:01 1,30 0

[cediwi]

Nachfolgender Artikel stellt auf einige Lithium Player ab. Für mich immer wieder positiv, wenn über die bestehende Projektfinanzierung und der Vorsprung gegenüber den anderen Unternehmen abgestellt wir:

Aus HC

Batteries drive charge to lithium: lithium stocks.

CRITERION: Tim Boreham | September 23, 2009
Article from: The Australian.

READERS with elephantine memories will recall our column last week on rare earths and the rush by the Chinese to secure supply of this highly prized industrial ingredient.

Lithium falls into the same "very useful" category as rare earths or mineral sands, and once again investors are taking notice. As with most minerals, local deposits will shape the supply picture although most of the known lithium resources are in South America rather than the Middle Kingdom.

Lithium is used in ceramics, glass manufacturing, lubricants, mobile phones and computers, and for treating depression.

It's also integral to lithium-ion batteries, which is what really has piqued investor interest.

"Lithium stocks have been high-powered performers on the ASX," Argonaut Securities' Troy Irvin says. Shares in the lithium-exposed Galaxy Resources (ASX code: GXY) have risen fourfold since mid-May, while other groovy movers are the aptly coded Orocobre (ORE) and Reed Resources (RDR).

Also add Reward Minerals (RWD), which has doubled since mid August. Reward is focusing on its development at Mt Disappointment in Western Australia, but has also lodged an application over lithium ground at Lake Dumbleyung in WA's southwest minerals field.

To date, development of electric cars has been a case of stuck in reverse. But now there's real impetus, with China mandating that 10 per cent of its vehicles must be emission-free by 2013.

Quite a few of Barack Obama's stimulus dollars are directed at kick-starting the post-carbon economy, while the Germans have dictated one million electric cars on the road by 2020. Galaxy chief Iggy Tan expects lithium demand to soar from 100,000 tonnes currently to 300,000t by 2020. And there isn't a lot of new supply coming on.

Galaxy holds the Mt Cattlin resource at Ravensthorpe in WA, which the company claims to be the world's second-biggest hard-rock lithium deposit.

Galaxy this month bought an 80 per cent interest in Traka Resources' nearby ground, extending Galaxy's resource base and enhancing the viability of Mt Cattlin.

"Our clear intent is to fast track moves towards production and build a sustainable resource and tenement base," Tan says.

"The acquisition is a clear example of the company's intent to capture a large part of the total world lithium production at a time when vehicle manufacturers are clearly showing a preference towards long-life, battery-fuel-cell vehicles." Galaxy is backed by Chinese tycoon Zheng Yuewen, who has taken a $26 million, 19.9 per cent Galaxy stake. He's also committed $130m of debt funding to the project, which would involve a processing plant at the China end to produce 17,000t of battery-grade lithium carbonate each year.

Reed Resources shares surged 84 per cent after its August 12 announcement of an option agreement to buy the high-grade Mt Marion lithium project near Kalgoorlie. The former Western Mining Corp ground boasts a head ground of 2 per cent (that is, good) and an undemanding strip ratio of 1.3 to one.

Orocobre is in the throes of hiving off its copper-gold assets to focus on its Salar de Olaroz lithium-potash project in northern Argentina.

Olaroz has an inferred resource of 1.5 million tonnes of lithium carbonate and is at scoping study stage, with a view to a $US80m-$US100m ($93m-$116m) development.

Like any sector there's also risks: Irvin lists them as a thin and opaque lithium market, the ability to secure off-take agreements and, of course, project financing.

Galaxy hopes to be producing in a year's time.

"We are the next project to get up and running," Tan says. "The others are well behind us and the industry is going to get short (of lithium) again.

Given the impressive share run of the lithium plays, our gut feeling is the current valuations capture much of the speculative upside. But if the Chinese et al are serious about tackling pollution, lithium will emerge as the new gold.

The Australian accepts no responsibility for stock recommendations. Readers should contact a licensed financial adviser.

[Montekaolino]

Info.
Sehr guter Artikel.

http://www.helmsec.com.au/resources/pdf/Galaxy%20Resources%2…

Monte

[Montekaolino]

Zur Info.
google Übersetzung.

Das ist besser .....( müssen Sie Subscriber sein, um zum ganzen Artikel lesen)

Do, 24/9/09, The Daily Reckoning Australia

Am 25. August wurde ein Abkommen unterzeichnet, dass eines der größten Probleme der globalen Automobilindustrie lösen konnte - und ein paar Erdgeschoss Investoren sehr reich ...

Der Deal - zwischen einem kleinen Aussie Bergmann und einem chinesischen Private Equity-Unternehmen - ein betreffenden 14,3 Mio. Tonnen Gestein Kaution direkt an der Südautobahn bei Ravensthorpe WA

Corporate Giganten wie Mitsubishi, Ford und Nissan sind verzweifelt die Hände über dem Mineral in diesen Felsen zu erhalten ... Industrie-Analysten prognostizieren den Ansturm zu sichern könnte es seine Preisanstieg von über 297% zu senden in den kommenden Jahren.

Der Schlüssel zu dieser Lagerstätte ist auf eine kleine Aussie Bergmann, plötzlich ist der Schlüssel zur Zukunft der Automobilindustrie.

Heute ist die Aktie, unter $ 2,50 ...

Um herauszufinden, warum wir glauben, dies wird noch viel, viel höher, in wenigen Monaten.

[Montekaolino]

Noch was zur Info.

Yet another independent research paper...

This one from State One Stockbroking seems to confirm the first one???

http://www.stateone.com.au/
(GXY) Galaxy Resources Ltd – LT Buy Below $2

Brenden, you seem to think the current share price is overpriced, and two papers confirm, but seems to be holding it's own??

[Videomart]

The Gold Report
'Lithium is a darling among hot commodities'
2009-09-26 18:15:00

One of these days, pent-up demand for new cars and growing concern about the carbon footprint associated with driving vehicles powered by traditional internal combustion engines will fuel tremendous demand for lithium, a development sure to spark greater investor interest, as well. A staple in batteries for hybrids and all-electric vehicles on the road and on the drawing boards, lithium is becoming a darling among hot commodities.
As one of the few of his ilk on the planet, Jon Hykawy is also in considerable demand these days. The Gold Report caught up with Jon in Buenos Aires, where he—as Byron Capital Markets' recently appointed lithium analyst—is checking out facilities in Argentina, the world's second-largest (behind Chile) lithium-producing country, to talk about his favorite subject.

Vollständiges Interview:
http://www.commodityonline.com/news/Lithium-is-a-darling-amo…

[tjcc281086]

Antwort auf Beitrag Nr.: 38.056.022 von Montekaolino am 25.09.09 12:13:53

was da los

volumen nicht ganz unbedeutend??

vll bin ich ja bald dabei

[Montekaolino]

Antwort auf Beitrag Nr.: 38.074.853 von tjcc281086 am 29.09.09 10:51:56

Hallo,
könnte damit zu tun haben das die Chinesen nicht bei LYC zum Zuge
kamen und mehr als 50% übernehmen wollten.
Dann gab es ein Gerücht das man nur noch 15 % Anteile
genehmigen will wenn China in den Markt will.
So wie bekannt halten die Chinesen ca 19 % bei Gxy.
ORB ging es heute auch nicht besser. Lithium heute am Boden.
Gerüchte sind halt schlecht.
Auf morgen.
Monte

[Montekaolino]

Info aus Hotcopper. hi,GXY holder,

I think GXY sp fall 15% today,maybe has the following reason..
1.GXY sp gose up very quickly and it need some corection,even drop 15% most people still have profit.
2.if you are commsec user(the largest broker in Au),you will find that you can see there is an annoucement from GXY, but you can't open it.Commsec website failed to retrieve the annoucement, when the price drop quickly, and people don't know what is happening on GXY, they will select to sell it and get the profit for sure and this made it worse.maybe can call it butterfly effect.Some of my friends call me and asking what is the announcement about.In this case, you simply visit www.asx.com.au and you will find the announcement there.it is just annual general meeting.
3.GXY 's investor Chinese Creat Group is a private company,and this is a relative small investment,so the investment doesn't need FIRB to prove.Creat group provide the fund to GXY through its controlled Australia mine company, which is listed in London stock exchange.So nothing is related to FIRB.Creat group controlled three listed company in Hongkong stock exchange, shanghai stock exchange and London stock exchange.IMO, Iggy Tan is a very smart man in this way to select the investor and his presentation mentioned the fund's fX hedge also impressed me.I have confidence with him,compared with ORE, ORE is more bubblely.ORE is too far away from production,during this long period, more chance to have new breakthrough in making battery technology,ore will loose most the value.ore even has not done the BFS.
I think GXY will go up soon and further after this correction.
Cheers!

[tjcc281086]

ich glaub eher das galaxy gefallen ist

weil der chinese deal mit lynas gescheitert ist und somit vll auch die bestrebung der chinesen bei galaxy kritischer gesehn werden


und ich finde keine aktuellen kurse von galaxy

ausgesetzt??

[Montekaolino]

Antwort auf Beitrag Nr.: 38.091.312 von tjcc281086 am 01.10.09 02:39:52

Der Grund dürfte gewesen sein das fast alle
Lithium Aktien verloren haben, das der Platzhirsch
aus Chile angekündigt hat seine Preise für Lithium um 20 % zu senken.
Monte

[tjcc281086]

finde keine kurse
ausgesetzt??

[Montekaolino]

Antwort auf Beitrag Nr.: 38.100.021 von tjcc281086 am 02.10.09 05:18:05

schaue auf www.stocknessmonster.com
Monte

[tjcc281086]

ja da steht doch das selbe

immmer noch 1,75

gibt keine kurse mehr

[tjcc281086]

so hier die news dazu

http://www.galaxyresources.com.au/documents/GXY_SuspensionRe…




news zu kapital beschaffung

dazu der kurs

dazu der kram mit aussie govt gegen chinese investment

ich glaub da könnte was kommen

[tjcc281086]

alles paletti kein grund zur aufregung

http://www.abnnewswire.net/press/en/61538/Galaxy_Resources_L…

[cediwi]

Antwort auf Beitrag Nr.: 38.100.179 von Montekaolino am 02.10.09 07:49:34

Hierzu dann auch noch das offizielle Statement von GXY. Ich glaube es passt Ihnen eigentlich ganz und gar nicht, dass SQM die Preisreduzierung in der Art durchgezogen hat. Positiv kann ich dabei immer nur die nun bestehende komplette Finanzierung sehen. Wenn die ganzen nun aufstrebenden Explorer dann an die Finanzierung müssen werden sich die Finanziers sicher bei der Marktmacht von SQM sehr genau die Finanzierungsmodelle angucken. Auch sind die Äußerungen zum bestehenden Markt in China sicher positiv zu werten. Wie immer bei solchen Finanzierungsgeschichten sind die „normalen“ Aktionäre meist nicht die großen Gewinner, doch sehe ich GXY immer noch in diesem absoluten Wachstumsmarkt perfekt aufgestellt. Sie haben mit der Zielrichtung China und der bestehenden Durchfinanzierung des Projekts sehr vieles sehr richtig gemacht………….


"We are pleased that SQM has taken decisive steps to allay consumers concerns about the future availability of lithium to meet the expected surge in demand, as a large number of proposed new electric vehicle models are made ready for market over the coming five years", Mr Tan said.

Galaxy notes that SQM's production profile is predominantly technical grade product of 99.0% Li2CO3 which is used in the chemical, glass and ceramic industries. Technical grade product has softened as a result of a change in market demand over the past 12 months.

Mr Tan said Galaxy believes that the rechargeable battery sector in countries like China, Galaxy's target market - has been more resilient and is expected to sustain strong growth. Galaxy has already factored in the reduction of demand and pricing in its financial modeling for the project.

Galaxy will be producing 100% battery grade product (grade > 99.5% Li2CO3), which currently attracts a price premium of around 10-15% over the technical grade. The Company's project model assumes conservative technical grade pricing with modest growth of 2% p.a. over life of project. Upside for premium product (battery grade) has not been included in Galaxy's calculated project Net Present Value. The demand for battery grade product is expected to be growing strongly by the time Galaxy commences production in Q4 2010.

SQM and other South American brine producers have less than 20% market share in China, which is predominantly supplied by lithium carbonate produced from local hard rock deposits as well as Australian-sourced spodumene.

Following on the Letters of Intent received from new customers/market entrants in the battery grade lithium carbonate sector, Galaxy is currently in discussion to secure off-take agreements with selected parties in China, Europe and Japan.

[cediwi]

Viele haben wahrscheinlich noch gar nicht verstanden wie unentbehrlich Lithium in der Zukunft sein wird:

Lithium battery to determine who becomes next car giant
Leo Lewis | October 09, 2009
Article from: The Times
THE lithium car battery is primed to become a "major disruptive force" over the next decade, dictating the fate of the world's largest vehicle makers, reshaping the electronics industry and sparking possible tensions between the mineral haves and have-nots.
Nissan's Leaf electric car Picture: Bloomberg
As carmakers ponder moves into greener manufacturing, the risks of mistakes grow greater with every new battery maker or technology that emerges. With the industry rules reset by lithium, analysts say, new businesses are expected to appear from nowhere. Many will fail but some may go on to become the new General Motors or Toyota.

Lithium batteries and the prospect of some future worldwide market for electric cars have already propelled Wang Chuanfu, the founder of the car and battery maker BYD, to become China's richest man as shares in his company soared. A year earlier, he was 103rd in the rankings.

The prospect of lithium's rising dominance over a post-oil economy has begun to draw warnings from government and industrial sources that seismic shifts are about to take place. The investment scene surrounding batteries, analysts say, may become more complex as new companies emerge to challenge the established players and speculative bubbles inflate throughout all stages of the battery-making process.

Brokers are touting ways to play the lithium story, from battery producers, such as Samsung SDI and Panasonic, to lithium miners, such as SQM and Chemetall. Several analysts believe that Nissan, with its plans to build battery production in Europe, represents the best carmaker in which to buy shares to invest in electric cars.

A potentially bloody technology race is under way and mistakes will be made in the stampede, Kanehide Yahata, a CLSA analyst, said. He highlighted the temptation prematurely to view Korean and Chinese producers as the likely winners because there are still huge discrepancies in expertise. Japanese research is eyeing a battery that would allow an 80km drive on a single charge. Korea's research efforts are focused on developing one that could manage 32km.

"Some automakers, such as Mitsubishi, have missed the point by creating commercially unviable electric vehicles," he said. "In contrast, Nissan's Leaf shows great promise. Honda is fretting about what to do while Toyota is quietly treading water. GM is on the wrong scent with the Volt and Chrysler's plan is just a bluff."

Toyota's senior management pointed yesterday to the lithium battery as the "deciding technology" by which Japanese and American carmakers would survive or perish. The supply of lithium batteries is expected to redraw corporate partnerships throughout Asia, particularly in the technology's heartland of Japan: lithium batteries lie at the centre of the world's biggest electronics merger between Panasonic and Sanyo.

Nomura Securities analysts predict that lithium will create a new balance of industrial power. "We think the barriers to entry (in battery making) could quickly lower over the next four or five years with the switch to electric and hybrid vehicles the main driver of growth. That could trigger a collapse of the existing business groupings, the adoption of new materials and the deterioration of Japan's position as the industry pacesetter," a recent note to investors read.

On lithium's upstream, the transformation is visible. "In terms of interest and exploration, the lithium industry is experiencing an all-time high. Over the past four months, unclaimed lithium deposits have been snapped up at a rate never seen before," Simon Moores, an Industrial Minerals analyst, said. The majority of projects, he warned, would end in failure.

Some see a potentially risky side to the boom. On a visit to Tokyo this week, Lord Mandelson, Britain's Business Secretary, described the coming competition for resources such as lithium as "the next battle we are going to have to take on".

http://www.theaustralian.news.com.au/story/0,,26185957-36418…

[Montekaolino]

Zur Info.

Galaxy Resources to speed up building of Chinese lithium factoryFont Size: Decrease Increase Print Page: Print Ray Brindal | October 22, 2009
Article from: Dow Jones Newswires
GALAXY Resources will move quickly to develop its proposed $55 million factory in Jiangsu province in China to process lithium carbonate for use in batteries and electronic devices, the company said today.

Following a positive result to a definitive feasibility study on the proposed plant, which confirmed previously estimated returns, Galaxy plans to start site preparation in December and start construction in April, with first production scheduled in the 2010 fourth quarter.

Managing director Iggy Tan said the estimated cost incorporates a conservative 24 per cent in contingency costs that will allow Galaxy to manage any changes to projected costs or in the future economic environment.

The planned 17,000 tonnes a year designated plant capacity was almost three times bigger than the existing current largest producer at 6000 tonnes a year, he said.

Galaxy will source the spodumene input to the Jiangsu plant from its $68m Mt Cattlin lithium and tantalite mine in southwest Australia, now under development.

The company has already secured long-term financing for both projects from Creat Group, a private sector investment company based in Beijing.

Creat has a 19.9 per cent stake in Galaxy and provided the company with 100 per cent debt finance of about $130m to develop the mine and processing plant.

Monte

[Montekaolino]

Zur Info.

Ravensthorpe welcomes new lithium mine
Resources: 6-November-09 by Russell Quinn


Premier Colin Barnett has turned the first sod at Galaxy Resources' new lithium mine site to the delight of neighbouring Ravensthorpe locals who he said were dealt a hard blow earlier in the year by the closure of the BHP Billiton nickel operation.

The Galaxy Resources Mt Cattlin mine, located two kilometres from Ravensthorpe, will start operation by the end of 2010 with a production target of 137,000 tonnes of lithium concentrate per annum over the minimum 15-year life of the mine.

Ravensthorpe Regional Chamber of Commerce presdient, David Borger was at the ground breaking ceremony this morning and said Galaxy's presence in the region was very important.

"It has created a positive in the area after BHP closed down, so it's turned the tables," Mr Borger told WA Business News.

"Ravensthorpe and Hopetoun people are pretty resilient, they're pretty tough, they take things with a grain of salt and mining companies, they come and go, as we've seen.

"And I think Galaxy is a very solid proposition and a very good thing for all of us."

Galaxy Resources managing director, Iggy Tan said since the project is fully funded through a partnership with Creat Group, and all environmental and works approvals have been granted, the company can now focus on rapidly advancing the construction of its mine and processing facility in order to meet the forecast increase in demand for lithium, with construction on the project set to begin in the coming days.

"By 2010, the Mt Cattlin mine will be the world's second largest hard rock producer of spodumene and, through the development of its value adding lithium carbonate plant in China, the Company will be the largest and lowest cost lithium carbonate producer in Asia," Mr Tan said.

Mr Tan said the project was important for the Esperance Ravensthorpe region, a sentiment echoed by the premier.

"As the company is committed to a residential workforce, the new project will provide jobs for displaced mining workers in the region, employing up to 100 people during construction and 75 when operational," Mr Barnett said.

"WA is the world's leading mining economy and the expansion of our presence in the mining of new minerals like lithium broadens that strength.

"Lithium is a strategic metal for the 21st century and will underpin emerging technologies, such as providing batteries that can charge faster and longer, helping to reduce the 20 per cent greenhouse emissions generated by transport."

The ore will be exported to China for processing into long-life lithium batteries for use in hybrid and electric vehicles.





Full announcements below:



GROUND BROKEN AT THE MT CATTLIN SPODUMENE PROJECT

Highlights

- WA Premier Colin Barnett attends Ground Breaking Ceremony to mark an important milestone for Galaxy's lithium project
- Construction at the Mt Cattlin Spodumene Project scheduled to commence next week
- Project on track for production in Q3, 2010

Emerging lithium producer, Galaxy Resources Limited (ASX: GXY) today marked the official opening of its Mt Cattlin Spodumene Project in Ravensthorpe with a Ground Breaking Ceremony attended by Hon Colin Barnett MLA, Premier of Western Australia.

Galaxy Resources Managing Director Iggy Tan said the Company was delighted to welcome the Premier to the Mt Cattlin site along with representatives from its Chinese investment partner, Creat Group, as well as industry and the local community.

"The Ground Breaking Ceremony represents an important milestone in the development of Galaxy's lithium project, with construction scheduled to commence in the coming days," Mr Tan said.

"With the project fully funded through a strategic partnership with Creat Group, and all environmental and works approvals granted, Galaxy can now focus on rapidly advancing the construction of its mine and processing facility in order to meet the forecast increase in demand for lithium.

"By 2010, the Mt Cattlin mine will be the world's second largest hard rock producer of spodumene and, through the development of its value adding lithium carbonate plant in China, the Company will be the largest and lowest cost lithium carbonate producer in Asia," he said.

Mr Tan said the Mt Cattlin Spodumene Project was an important one for Western Australia and the Ravensthorpe Esperance region.

"The rapid development of the project to the construction stage is a testament to the commitment of our team and the strong relationship between Western Australia and China, as the cornerstone investment partners in the project," Tan said.

"The project will deliver significant benefits to the Ravensthorpe-Esperance region through its residential workforce and flow on effects to local industry and businesses," he said.

The Mt Cattlin Project will produce 137,000 tonnes of spodumene concentrate per year at its onsite processing facility which will be shipped to the Company's downstream processing facility in the Jiangsu Province of China.

A large proportion of the 17,000tpa of battery grade lithium carbonate that the Company will produced in China will supply the burgeoning China market as well as the growing markets of Japan, Korea and Europe.

"With this milestone passed, construction will commence shortly on the Mt Cattlin and Jiangsu projects ensuring Galaxy is well positioned to meet the growing demand for lithium - the crucial element in the batteries powering the hybrid and electric vehicles of the future," Mr Tan said.





New lithium mine to benefit families in Ravensthorpe.
Portfolio: Premier

Premier Colin Barnett has marked the start of works on a new lithium mine two kilometres north of Ravensthorpe which will provide a boost to the town's families and businesses.

Mr Barnett said the new mine was good news for Ravensthorpe and surrounding communities and, more broadly, for Western Australia.

The Galaxy Resources Limited Mt Cattlin mine will start operation by the end of 2010 with a production target of 137,000 tonnes of lithium concentrate per annum over the minimum 15-year life of the mine. The ore will be exported to China for processing into long-life lithium batteries for use in hybrid and electric vehicles.

"As the company is committed to a residential workforce, the new project will provide jobs for displaced mining workers in the region, employing up to 100 people during construction and 75 when operational," the Premier said.

"While dealt a hard blow earlier in the year by BHP Billiton's closure of its Ravensthorpe nickel operations, this new lithium mine shows there is a bright future for the region.

"Earlier this year, the Liberal-National Government reacted swiftly to protect and support the local community after BHP Billiton's announcement.

"The State Government allocated funding to the shire for local infrastructure and assistance for small businesses; in-principle support for the construction of the Hopetoun-Bremer Bay Road and maintenance of State health and education services in the area.

"I am pleased that the Government has worked efficiently and dealt with works approval for this new mine within agreed time frames so this can go ahead as soon as possible for the benefit of the community.

"WA is the world's leading mining economy and the expansion of our presence in the mining of new minerals like lithium broadens that strength.

"Lithium is a strategic metal for the 21st century and will underpin emerging technologies, such as providing batteries that can charge faster and longer, helping to reduce the 20 per cent greenhouse emissions generated by transport."

Ore from the new mine will be crushed, screened and washed onsite to produce a higher grade, inert ore with an appearance similar to gravel. This will then be exported in bulk through Esperance Port.

By 2010, Galaxy Resources' Mt Cattlin mine will potentially be the world's second largest hard rock producer of lithium and will proceed with value adding through a lithium carbonate plant near end users in China.

[Montekaolino]

Antwort auf Beitrag Nr.: 38.332.199 von Montekaolino am 06.11.09 06:40:17

Zur Info.

Der Spatenstich es geht los.
Montekaolino

[Montekaolino]

Zur Info.

A galaxy of opportunity awaits, or does it?
Robin Bromby From: The Australian November 09, 2009 12:00AM Increase Text Size Decrease Text Size Print Email Share Add to Digg Add to del.icio.us Add to Facebook Add to Kwoff Add to Myspace Add to Newsvine What are these?
WEST Australian Premier Colin Barnett opened the new Galaxy Resources (GXY) lithium mine on Friday, a momentous achievement for the Perth junior in an industry where so many explorers fall by the wayside or linger for years as one hope after another is dashed.

Some GXY shareholders have been making themselves giddy of late in the chatrooms with their "think of a number and then triple it" conjecturing about where Galaxy's share price will be sitting in a few years' time.

And the market generally has warmed to lithium.

Investors have been piling into the stocks. We've seen Reed Resources (RDR) and Mineral Resources (MIN) agree to develop the Mt Marion project south of Kalgoorlie, Orecobre (ORE) make good progress with its lithium-potash deposit in Argentina, Venus Resources (VNS) has its lithium brine project near Wagin in WA and Haddington Resources (HDN) has discovered lithium in the Pilbara.

Your correspondent has not been immune to this excitement, and, in fact, has been generating some of it - for example, reporting in August that Nissan's new Leaf electric car would have batteries that each contained 4kg of lithium, and that the carmaker would therefore consume about


Start of sidebar. Skip to end of sidebar.
Related Coverage
Lithium miner sees shining future The Australian, 20 hours ago
A sobering look at the past The Australian, 7 days ago
Reed eyes lithium deals with Japan, US The Australian, 29 Oct 2009
Reed races to set up new mine The Australian, 27 Oct 2009
Race is on for next lithium mine Perth Now, 27 Oct 2009
End of sidebar. Return to start of sidebar.

10 per cent of the world's yearly production. But as we don't belong to the spruik-and-run brand of resource company reporting, Pure Speculation is duty-bound to report that lithium doubts have landed on our desk from Sydney-based Stock Resource.

Their report, headed "Lithium - Do we get excited?" (which pretty well tells you where their thinking is going), traverses the bullish outlook on hybrid and electric cars and the need for lithium for batteries in those vehicles. Stock Resource points out there is a sharp divide in expert opinion, one side saying there won't be enough of the metal to go around, the other arguing there's an abundance of lithium.

Research by the Illinois Institute of Technology shows these various electric-type vehicles may get a 10 per cent share of the car market by 2020. Stock Resource's case is that, unless demand goes above that 10 per cent level, there is no need to worry about lithium supply. They also show that lithium prices rose between 2004 and 2007 but have flattened out since, unlike the share prices for GXY and ORE, which have both run hard over the past six months.

But Stock Resource says it "remains unconvinced on the outlook for lithium" in view of all the production coming on line.

It recommends its clients sit on the sidelines until there is dramatic evidence that production of the new-technology cars increases dramatically above 10 per cent in market penetration.

[cediwi]

Hey - GXY wird jetzt auch in Frankfurt gehandelt. Da werden doch hoffentlich auch realere Kurse gestellt!!!


Börsenplätze

--------------------------------------------------------------------------------
Börsentabelle Börsenplatz Aktuell Diff. % Datum Zeit Eröffnung T.-Hoch T.-Tief Umsatz
Frankfurt 1,03 +0,98% 09.11.09 12:20 1,02 1,03 1,02 906
Berlin 0,90 ±0,00% 09.11.09 11:38 0,90 0,90 0,90 906
NASDAQ 1,54 +29,41% 07.11.09 02:10 1,55 1,54 1,54 900

[cediwi]

Mittlerweile hat sich ja auch ein großer Teil der Lithium-Blase wieder im wahrsten Sinne des Wortes verflüchtigt. Wann man sich die Kanadischen Explorer anguckt ist von den atemberaubenden Wertzuwächsen nicht mehr viel übrig geblieben.
GXY hatte da auch gewisse Umstände zu verkraften – zum einen waren im Zuge der Kapitalerhöhung doch viele günstige Shares frei, die nun sicher zu Geld gemacht worden sind, die Ankündigung vom Platzhirsch zur Preissenkung von Lithium hat zur allgemeinen Verunsicherung geführt, neue Projekte in der Mongolei und Kasachstan werden angegangen und die scheinbar teurere Gewinnung bei GXY.

Aber es gibt doch seeeeehr viel was für einen außerordentlichen langfristigen Erfolg von GXY spricht:

Key Points
Strong Management
Managing Director, Iggy Tan, has assembled a team with a great deal of
operational and marketing experience in lithium.
Galaxy has a sound business strategy which will see it as a new entrant in
the lithium market by late 2010.
The Right Sector
GXY’s focus is on batteries, the highest growth sector of the lithium market.
ongoing advances in lithium battery technology confirm that, at least for
the coming decade, lithium will offer the core material in facilitating
electronic car advancement.
Near Term Production
GXY is the only near term emerging producer of lithium as carbonate.
competitors are at least two years behind.
with a start-up in October 2010, Galaxy should enjoy at least four years of
very strong pricing.
Attractive Financials
expected high margins – GXY forecasts a 42% operating margin
GXY now fully funded.
strong cash flow generation.
most income will emanate from China, so dividend franking will be partial.
A Significant Long Term Producer – largest and cheapest in China
GXY will be the world’s second largest producer of hard rock lithium.
production of 17,000 tpa battery grade lithium carbonate from early 2011.
(global market was 113,000t in 2008, and expected to triple by 2020)
current mine life of 15 years but resource is open at surface & at depth.
we assume 5 years extension, but expect there will be more.
Approvals & Funding in Place
mine & processing subject only to payment of bond.
China awaits DFS completion, approval of project (application currently in
progress).
project debt secured through Creat & RZB of Austria.
Straightforward Mining & Processing
mine is mostly on open farming ground.
easy mining with thick seam, clearly visible ore & a low strip ratio.
easy upgrading of ore by simple crush and heavy media separation.
processing spodumene to Li carbonate is well understood.
World Class & Cost Competitive Site in China Secured
all required utilities on site, all key reagents within 5 km.
no waste.
significant tax and cost advantages.
close to markets.
Marketing Flexibility – GXY retains total control over product marketing
off-take interest received for +22,000 tpa of lithium carbonate.
Ethical Funds Appeal
batteries replace harmful emissions from i.c. engines.
with nil disposal issues from the mine, plant or end product, lithium from
spodumene is about as “green” a mining & processing industry as you will
find anywhere.
we know of no specific issues pertaining to the Mt Cattlin site or its ore

[Montekaolino]

Antwort auf Beitrag Nr.: 38.347.081 von cediwi am 09.11.09 12:49:45

Kann Dir nur zustimmen.
Wenn man sieht was für Kohle benötigt wird um mit den Aufbau zu beginnen sind die Kanadier noch sehr weit zurück.
Mit etwas Geduld werden wir bei GXY noch andere Kurse sehen
sollte auch mit der Förderung von Tantal begonnen werden,
werden in 6-12 Monaten wo anders stehen. Die anderen Liegenschaften
möchte ich gar nicht erwähnen.
Montekaolino

[cediwi]

Habe von meiner Depotbank die Mitteilung erhalten, dass aufgrund einer durchgeführten Kapitalmaßnahme eine Vorzugszeichnung/Vorrechtszeichnung möglich ist. Demnach ist der Ex-Tag der 28.10. und der Bezugspreis 0,20 AUD! Die Bezugsfrist läuft vom 16.11. bis 23.11.09. Ich halte zurzeit 20000 Aktien; es wurde aber kein Bezugsverhältnis mitgeteilt. Gibt es unter uns noch weitere Aktionäre, die ebenfalls über ihre Bank eine entsprechende Mitteilung erhalten haben?? Der Bezugspreis ist ja der Hammer, mir ist gar nicht die dazugehörige Verlautbarung von GXY bekannt. Meine Depotbank ist die DiBa.
Vielen Dank für eine Rückäußerung.

[Montekaolino]

Antwort auf Beitrag Nr.: 38.402.985 von cediwi am 17.11.09 15:07:42

Hallo,
habe noch kein Schreiben erhalten soeben mit meiner Bank
gesprochen DB ist noch nichts bekannt auch noch kein Schreiben raus werde am Ball bleiben.

Montekaolino

[Popeye82]

Jiangsu Site Preparation Commences - Nov 24, 2009

Highlights

+ Commencement of site preparation works for the Jiangsu Lithium Carbonate Plant

+ Initial work includes vegetation removal, back filling and levelling conducted by ZFTZ authorities

+ Galaxy’s own site preparation work will commence on 16 December 2009

+ Construction remains on schedule to commence in Q1 2010
http://stocknessmonster.com/news-item?S=GXY&E=ASX&N=470530

[Videomart]

Galaxy Resources Limited (ASX:GXY) Granted Mining Leases Surrounding Mt Cattlin Spodumene Project And To Commence Exploration At West Kundip Manganese Project


Perth, Dec 1, 2009 (ABN Newswire) - Galaxy Resources Limited (ASX:GXY)(PINK:GALXF) is pleased to announce that additional mining leases surrounding the Mt Cattlin Spodumene Project have been granted. Two additional mining leases making up the West Kundip Manganese Project have also been granted.

Mt Cattlin Spodumene Project

Four mining leases (M74/158, M74/159, M74/196 and M74/197) surrounding the Mt Cattlin Spodumene mine were recently granted to Galaxy by the Department of Mines and Petroleum (DMP). The leases further consolidate Galaxy's tenement holding in the area.

They are considered very prospective for pegmatite-hosted lithium-tantalum mineralisation, and outcropping spodumene (lithium) bearing pegmatite has been recorded from several areas on the new leases. Galaxy is currently planning sampling and drill programs to follow up on pegmatite mineral occurrences with the aim of expanding the Mt Cattlin resource base.

West Kundip Manganese Project

Two mining leases (M74/133 and M74/238) making up Galaxy's West Kundip Manganese Project were also granted recently. The leases are approximately 15km south of Ravensthorpe and cover a sequence of Proterozoic sediments including dolomite units, which are prospective for manganese mineralisation. Work conducted by Galaxy several years ago, prior to the tenements being converted to mining leases, outlined the presence of scattered pods of high grade manganese mineralisation.

Galaxy will carry out a VTEM airborne geophysical survey in the near future to follow up on the potential for manganese mineralisation and to define drill targets with economic tonnage potential.

The mineralisation at West Kundip is considered to be of a similar style to Woodie Woodie, which is a significant manganese producing mine in Western Australia's Pilbara region.

The style consists of high grades pods of manganese ore produced from dolomitic sediments as a result of hydrothermal alteration is being used by Galaxy in the West Kundip area to target manganese mineralisation. Past exploration in the region in the same geological sequence has previously defined small manganese ore bodies at the Copper Mine Creek Deposit, Dempster River Crossing and Hamersley Gorge (which now lie in the Fitzgerald River National Park).

A sample of manganese from a 7 tonne bulk sample in 1998 gave assays of 38% Mn, 3.22% Fe, 2.80% Si, 0.03% P and 2.00% Al.

Surface rock chip grab samples from the same area taken in 2008 and 2009 have returned up to 46.6% Mn, with 8.5% Fe, 1.0% Si, 0.002% P and 0.6% Al.

Galaxy's experience in heavy media separation processing techniques, mining fleet in the Ravensthorpe area and Esperance port facility agreements provide the company with an advantage in exploiting potential manganese mineralisation in the Ravensthorpe region.

Manganese Ore

Manganese ore is used to produce Electrolytic Manganese Dioxide (EMD) a valuable feedstock in cathode electrode material for alkaline manganese dioxide batteries, lithium manganese primary batteries and lithium ion manganese rechargeable batteries.

The production of EMD follows a very similar process used for lithium carbonate, utilising calcination, sulphuric acid leaching and impurity removal through neutralisation. The only difference is the last step of electro-winning EMD from a manganese sulphate solution.

The world demand for EMD is around 225,000 tpa. In 2008, there was a supply shortfall of around 65,000 tpa of EMD due to high costs plants being shutdown around the world and limited manganese ore in China.


Link: http://www.abnnewswire.net/media/en/docs/61853-ASX-GXY-47223…


About Galaxy Resources Limited

Galaxy is an industrial minerals company focusing on lithium and tantalum production. Galaxy has completed a definitive feasibility study (DFS) which suggests the Mt Cattlin Lithium / Tantalum project (Ravensthorpe, Western Australia) is commercially viable based on a processing rate of 1 million tonnes per annum over a 15 year mine life. The Company is planning to commence the development of the mine and the construction of the mineral processing plant in Q3 2009 with first concentrate production scheduled for Q3, 2010.

The company has also commenced a pre feasibility study into the value adding downstream production of lithium carbonate (Li2CO3). The company plans to establish a 17,000 tpa lithium carbonate plant in China due to lower associated capital and operating costs, as well as being close to the strategic growing battery markets in Asia.

Lithium concentrate and lithium carbonate raw materials are currently in short supply and face high future demand growth due to advances in long life batteries and sophisticated electronics in hybrid and electric vehicles, mobile phones and computers.

Contact


Iggy Tan
Managing Director
Tel: [phone]
Mob: [phone]

http://abnnewswire.net/press/en/61853/Galaxy_Resources_Limit…

[Montekaolino]

Zur Info.

Lithium Supply & Markets 2010 Conference.

Date: 26 Jan 10 - 28 Jan 10
Venue: Caesars Palace, Las Vegas, USA

Register ONLINE before 11 December 2009 & SAVE US$300

Introduction.
In Chile in 2009, IM’s inaugural Lithium Supply & Markets (LSM09) set out explore whether or not there is enough lithium in the world to supply the pending boom from the electric and hybrid car battery markets. With the unprecedented rate of development from the upstream exploration and mining sector and lithium’s end user markets, Lithium Supply & Markets 2010 (LSM10) conference aims to build on the platform created by LSM09.

Topics to be discussed:

•Lithium, the wider perspective
•Lithium supply - established producers on future prospects
•Emerging US lithium production
•Focus on the electric car market
•Independent analysis of the market
•Global supply developments
•The future of the lithium market
•Download the brochure for the full programme

Confirmed speakers include:

•Dr Gal Luft, Executive Director, Institute for the Analysis of Global Security, USA
•Jerry Huang, Corporate Communications Manager, TNR Gold, USA
•Iggy Tan, Managing Director, Galaxy Resources, Australia
•Richard Seville, Chief Executive Officer, Orocobre, Australia
•Jay Chmelauskas, President, Western Lithium Corp., USA
•Don Bubar, President & CEO, Avalon Rare Metals Inc, Canada
•Ted Miller, Senior Manager, Ford, USA
•Keith Evans, Consultant, USA
•Jon Evans, FMC Lithium Division Manager, FMC Lithium Corporation, USA
•Robert Baylis, Senior Consultant, Roskill Information Services Ltd, UK
•Waldo Perez, Chief Executive Officer, Lithium Americas, Canada
•Mr. Patricio de Solminihac, Executive Vice President and Chief Operating Officer, SQM, Chile
•Dr Steffan Haber, President, Lithium Division, Chemetall GmbH, Germany

http://www.indmin.com/Stub/4058/IM-Events.html

[Montekaolino]

Wer gestern 11.12.2009 den Bericht in 3SAT Börse gesehen hat über
Lithium wenn das alles zutrifft wird es in den nächsten Jahren
bei Lithium Aktien sowie den Lithiumpreis kein halten mehr geben.
Das heist es jetzt sich zu positionieren.

Montekaolino

[Montekaolino]

Zur Info.

Galaxy Resources and China's Great Group start work on lithium mine
Amanda O'Brien From: The Australian December 12, 2009 12:00AM Increase Text Size Decrease Text Size Print Email Share Add to Digg Add to del.icio.us Add to Facebook Add to Kwoff Add to Myspace Add to Newsvine What are these?
CONSTRUCTION of Western Australia's second major lithium concentrate mine has begun in the southwest.

Local miner Galaxy Resources predicts it will make the state a key player in the global push for low-emission hybrid-electric cars.

Galaxy, which is developing the $70 million mine with Chinese investor Creat Group, said yesterday demand for lithium would explode because of alarm about climate change.

Lithium is used in batteries to power electric vehicles, which are being embraced by many countries to cut greenhouse emissions.

Galaxy chief executive Iggy Tan said the mine at Ravensthorpe, 400km south of Perth, would commence production within nine months. Site clearing finished this week and construction would begin next week.

As world leaders at Copenhagen hammered out plans to reduce emissions, Mr Tan said, China's decree that 10 per cent of its vehicles must be emission-free by 2013 would drive world demand for lithium.

Start of sidebar. Skip to end of sidebar.
Related Coverage
China joins Galaxy's syndicate
The Australian, 8 days ago
Lithium miner sees shining future
The Australian, 8 Nov 2009
A galaxy of opportunities?
The Australian, 8 Nov 2009
Readers' Comments: Galaxy boost for Ravensthorpe - PerthNow
Perth Now,
Galaxy boost for Ravensthorpe
Perth Now, 5 Nov 2009
End of sidebar. Return to start of sidebar.
"China is not a free market and when the government says something is going to happen, everyone toes the line.

"When they say 10 per cent of vehicles are going to be emission-free, a lot of the cities are now moving towards it," Mr Tan said.

Lithium ion batteries are ideal for electric cars because they are light and powerful.

Mr Tan said the WA lithium concentrate would be shipped to a $55m downstream processing plant in China, also being built by Galaxy. There it would be converted into battery grade lithium carbonate.

The plant would be completed by late next year, Mr Tan said. "In Shanghai already there are no petrol-driven motorbikes in the whole city. They're all electric.

"If you go to Shanghai you get run over if you don't look around -- they call them silent assassins," he said. "Now it is cars and buses."

The Galaxy mine is the second major lithium project in Western Australia, which is already a big world supplier through the Talison Minerals project at Greenbushes. It is another boost for Ravensthorpe, which learnt this week that Canadian miner First Quantum planned to reopen BHP Billiton's abandoned nickel mine in 2011, after acquiring it for $US340 billion ($370bn).

[Montekaolino]

Zur Info.


10 February 2010



Creat Resources Holdings Limited


Proposed acquisition of an interest in Galaxy Resources Limited



Placing of up to 283,333,333 Placing Shares at 6 pence per share
and Re-Admission to trading on AIM



Notice of AGM



Creat Resources Holdings Limited (the "Company") (AIM: CRHL) is pleased to announce the proposed acquisition by the Company of an interest in Galaxy Resources Limited ("Galaxy") (ASX: GXY), an emerging mining and materials company focusing on lithium and tantalum production. Galaxy, a company based in Perth, Australia and listed on the ASX, plans to become one of the world's leading producers of lithium.



Highlights





Galaxy is at an advanced stage of developing its Mt Cattlin lithium (hard rock spodumene) project in Ravensthorpe, Western Australia. The Mt Cattlin Project encompasses a mine and minerals plant which is expected to produce 137,000 tpa of 6% Li2O spodumene concentrate in the future. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China. Galaxy is finalising plans to establish a lithium carbonate chemical facility in Jiangsu Province that will produce 17,000 tpa of lithium carbonate, an essential raw material for the production of lithium batteries. The location of the planned production facility has been selected for its proximity to the rapidly growing markets for lithium batteries in Asia.



· On 16 December 2009, the Company announced it had acquired 6,818,182 shares in Galaxy, representing approximately 4.53% of Galaxy's enlarged share capital (the "Initial Galaxy Subscription"). The Company now plans to subscribe for Further Galaxy Shares, conditional upon shareholder approval, to increase its interest to up to 19.99% (the "Galaxy Subscription").



· To fund the Further Galaxy Subscription, the Company intends to raise up to £15,118,600 (approximately A$27,280,000) net of commissions and other transaction expenses, through a Second Round Placing to be conducted on a reasonable endeavours basis by the Company's broker, Westhouse Securities Limited. The Galaxy Subscription is in line with the Company's revised strategy of exploring acquisitions or other transactions that would result in the expansion of its mining operations within and outside Australia, and the diversification of its resources, as approved by Shareholders in July 2009.



· Due to the size of the Further Galaxy Subscription (when aggregated with the Initial Galaxy Subscription) in comparison to the Company, the Further Galaxy Subscription constitutes a reverse takeover for the purposes of the AIM Rules for Companies. Accordingly, the Further Galaxy Subscription requires the approval of the Company's Shareholders and the production of an Admission Document.



· Following the approval of the Further Galaxy Subscription, the Company will seek Re-Admission. The Directors believe the Company will be well placed to continue its revised strategy to make further acquisitions or conduct other transactions to expand the Company's operations and work alongside Creat Group to support Galaxy as it develops the Mt Cattlin Project and the Jiangsu Project.



· Further details of the Second Round Placing, the Galaxy Subscription, the Nomination Letter, the New Lending Bank Facility Agreement, the Share Mortgage and Facility Put Option and other key documents relating to this transaction are set below.



A copy of the Admission Document, the Notice of AGM and accompanying materials will be posted to shareholders and are available on the Company's website www.creatresources.com.

For further information please visit www.creatresources.com or contact:



Creat Resources Holdings Limited
Yasmine Healy

[Montekaolino]

Zur Info aus Hotcopper.

lynxx, i presume you mean re: takeover then. i can't answer that, except to say that at the moment there is a lot of risks that can't be mitigated. so if you where going to look at Galaxy as being a takeover target by a bigger player why wouldn't they wait until all approvals and construction are completed. they may only need to pay an extra 30% or 40% on the price tag by waiting. in return they would get a lot less riskier investment which for a reasonably small market cap it makes sense to me that they would wait. just my thoughts.

personally, i think ( & hope ) than Galaxy is not a takeover target. for a while there i thought of them as a one trick pony so very vulnerable to a takeover. but the more i think about it and look into it, the more i feel it is likely the Galaxy will be the predator not the prey. when you look at their strategy to incorporate the Lithium Carbonate Plant (LCP) into their overall structure it has been very smart. Galaxy's overall capex to become a lithium miner & producer is close to $150m and more than a 3rd will be spent on the LCP - which is no small amount for them. Galaxy plans to be China's largest & lowest cost producer and there is significant production excess for their LCP in relation to what will be exported from the Mt Cattlin mine. This leads me to believe that Galaxy will be a full fledged two stringed operation and it is more likely than they will pursue opportunities to process more lithium at their plant.

Sorry for the long winded answer.

Montekaolino

[Montekaolino]

Zur Info.
Es tut sich was bei Galaxy.

Galaxy in sales deal with Mitsubishi February 15, 2010 - 1:49PM
AAP

Japan's Mitsubishi Corporation has agreed to buy about 30 per cent of battery grade lithium carbonate output from Galaxy Resources Ltd's Mt Cattlin mine in Western Australia.
Shares in Galaxy were up four cents, or 3.25 per cent, at $1.27 at 1253 AEDT.

Galaxy said in a statement on Monday it was close to finalising similar off-take agreements with other major groups and high-end users of battery grade lithium carbonate in China and other parts of Asia.

The value of the Mitsubishi deal was confidential, a Galaxy spokesman said.

Demand is growing for lithium, which is used in batteries for electric cars.

Montekaolino

[dddbmt]

Habe was Nettes zu GXY zu präsentieren:

Emerging Markets Investor - Galaxy Resources extrem spannend
12:24 23.02.10

Endingen (aktiencheck.de AG) - Die Experten von \\\"Emerging Markets Investor\\\" halten die Aktie von Galaxy Resources (Profil) für extrem spannend.

Viele Experten sähen in Lithium den wichtigsten Rohstoff des neuen Jahrzehnts. Lithium komme hauptsächlich in Lithium-Ionen-Batterien zum Einsatz, die in Handys, Laptops und künftig vor allem in Automobilen Anwendung fänden. Es sei davon auszugehen, dass die Nachfrage nach Lithium in den nächsten Jahren stark zunehmen werde. Seien in 2008 nur 113.000 Tonnen Lithium Carbonat nachgefragt worden, dürften es in den kommenden zehn Jahren knapp 300.000 Tonnen pro Jahr sein. Vor diesem Hintergrund sei es interessant, mit dem Aufbau eines Lithium-Aktienportfolios zu beginnen.

Galaxy Resources verfüge über das am Weitesten fortgeschrittene neue Lithium-Projekt in der westlichen Welt. Dabei handle es sich um das Mt. Cattlin-Lithium-Projekt in West-Australien. Zudem baue die Firma eine Verarbeitungsanlage in China, über die dann 100% der Produktion in China verkauft werden solle. Mit der Produktion solle bereits in Q4\\\'2010 begonnen werden und schon in 2011 wolle Galaxy Resources 17.000 Tonnen Lithium Carbonat in Batteriequalität absetzen.

Analysten würden das EPS für das nächste Jahr auf 0,04 Australische Dollar und im Folgejahr auf 0,12 Australische Dollar taxieren, wodurch das KGV auf 10 sinken würde. Dies wäre ein Witz für einen Lithium-Player dieses Kalibers.

Nachdem die Galaxy Resources-Aktie von den 52-Wochentiefs bei 0,26 Australische Dollar im Hoch bis auf 2,40 Australische Dollar explodiert ist, kann man diesen extrem spannenden Titel aktuell zu 1,20 Australische Dollar satte 50% unter den Höchstständen kaufen, so die Experten von \\\"Emerging Markets Investor\\\". (Ausgabe 04 vom 22.02.2010) (23.02.2010/ac/a/a)


Offenlegung von möglichen Interessenskonflikten: Mögliche Interessenskonflikte können Sie auf der Site des Erstellers/ der Quelle der Analyse einsehen.

[Montekaolino]

Zur Info aus den News.

Galaxy ist auf den Weg ein Big Player zu werden.
China uns Asien ist der kommende Markt.

24 February 2010
GALAXY VENTURES INTO EMD PRODUCTION
Highlights
 Pre Feasibility Study completed for downstream processing of battery grade Electrolytic Manganese Dioxide (EMD)
 Potential 100% owned EMD plant producing 40,000 tpa to be situated at Jiangsu next to the lithium carbonate plant
 EMD is used in alkaline batteries and lithium manganese oxide batteries
 Galaxy has the potential to be the largest EMD producer in the world
 EMD production has many cost synergies with lithium carbonate process
 Same customer base, marketing and distribution facilities
 Project should generate a post tax net cash of A$46 million per annum @ FX USD:AUD of $0.90
 Net Present Value (post tax @10% discount rate) of the project is around $325 million
 Estimated capital cost is A$97 million
Galaxy Resources Limited (ASX: GXY) is pleased to announce positive results from a detailed Pre Feasibility Study (PFS) into
downstream processing of battery grade electrolytic manganese dioxide (EMD) at its Jiangsu site in the in the Zhangjiagang
Yangtze River International Chemical Industrial Park.
EMD is a cathode electrode material for alkaline manganese dioxide batteries, lithium manganese primary batteries and lithium
ion manganese rechargeable batteries. Currently 40 billion primary manganese dry cells are produced all over the world, out of
which 18 billion are alkaline batteries. Alkaline batteries are recording a growth rate
exceeding 2% per annum in developed countries and exceeding 10% per annum in
developing countries, with an average growth exceeding 3% per annum worldwide.
EMD is also used extensively in manganese versions of lithium primary and rechargeable
batteries. An estimated two billion manganese versions of lithium primary and 0.5 billion
lithium manganese (LiMn) secondary batteries are produced per annum. The growth rate is
in excess of 10% per annum for primary LiMn and 20% per annum for secondary LiMn
batteries.
Galaxy Resources Managing Director Iggy Tan said that there is a shortage of battery grade
EMD and that by diversifying into other energy storage and battery materials, there is
potential for the Company to significantly enhance the value of its Jiangsu site.
“The EMD PFS was completed and the project will be advanced by a completely
independent management team from the lithium project personnel headed by Dr
Yatendra Sharma to ensure the flagship lithium carbonate remains on schedule. The
positive outcome of the EMD Pre Feasibility Study represents a fantastic investment opportunity, further enhancing Galaxy’s
capacity to help meet the increased demand and deliver to the specifications of the world’s major battery end users,” Mr Tan said.
“By purchasing manganese ore and downstream processing the material into a battery grade EMD feedstock, Galaxy can cement
itself within the rapidly growing battery industry supply chain. The Company recently signed a Letter of Intent with ConsMin
Trade Pte Ltd to secure a long term supply of 70,000 tpa of high grade Manganese Oxide ore annually.”


Montekaolino

[Coxos]

neue präsentation auf der hp

[iZock]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[Pleitenpaul]

29 September 2010
TRADING HALT
Galaxy Resources Limited
Die Wertpapiere der Galaxy Resources Limited werden auf Antrag des Unternehmens, in Erwartung der Veröffentlichung einer Mitteilung durch die Company vom Handel ausgesetzt .
Beginn des normalen Handels - Freitag 1 Oktober 2010
Bis zur Aussetzung in Australien : 1.44 +0.14 (10.77%)

[anand]

Aufgrund der guten Meldungen zu Galaxy Resources in der letzten Zeit, möchte ich dieses Forum wieder etwas beleben. Im Folgenden habe ich die wichtigsten Infos der letzten Monate eingestellt.

Galaxy wird mit großer Wahrscheinlichkeit eine Lithium Produktion in China beginnen. Es hat wichtige Investoren aus China mit ins Boot geholt. U.a. den Geely Gründer und mit über 50% der größte Anteilseigner bei Geely. (Mr Li Shu Fu, who is the founder, Chairman and controlling shareholder (50.47%) of Geely. Geely has a market capitalisation of US$3.5 billion and reported turnover of approximately US$2 billion in 2009. )


Galaxy Resources Limited - Finalises Capital Raising Of A$91.5 Million
08.11.2010 | 1:00 Uhr | ASIA BUSINESS NEWS
09:23 AEST Nov 8, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved.

Perth, Australia (ABN Newswire) - Emerging lithium producer, Galaxy Resources Limited (ASX: GXY) (PINK: GALXF) is pleased to announce it has finalised a capital raising of A$91.5 million to several investors, including the private investment company of the founder and major shareholder of Geely Automobile Holdings Co. Limited (Geely) (HKG: 0175) and Fengli Group (Hong Kong) Co. Limited (Fengli). The capital raising consists of up to A$61.5 million in unlisted convertible bonds (increased from A$30 million) and a A$30 million equity placement. Both the convertible bond and equity documentation have been finalised and executed by all parties.

Galaxy has elected to increase the amount issued to investors from its initial A$30 million target following strong interest and to meet its funding requirements for the ramp up of production at Mt Cattlin, the continuing construction of Jiangsu and to provide additional working capital.

Galaxy Resources Managing Director, Mr Iggy Tan, said that both the convertible bond issue and equity placement will strengthen the Company's capital base as it enters the final stages of development of its projects and moves closer to generating revenue through the first shipment of spodumene concentrate from Mt Cattlin, which is planned for the end of Q4 2010. The raising will also provide the Company with funds for the potential acquisition of additional lithium-related projects.

'In an excellent endorsement for Galaxy's business model and projects, it is very pleasing to see two high quality, strategic investors support the Company on its growth plans' Mr Tan said.

These terms include a conversion price on the convertible bonds of A$1.56, representing a premium of 33.8% over the 20 day VWAP of Galaxy shares prior to the pricing date of 28 September 2010, and an equity raising market price of A$1.39, equivalent to the 5 day VWAP of Galaxy shares prior to the pricing date of 21 October 2010.'

The capital raising will be done in two tranches, and will be allocated as follows:

-------------------------------------------------------------

Investor Investment Type Total Investment

-------------------------------------------------------------

Strong Target Int Ltd Convertible Bond A$25m

-------------------------------------------------------------

Fengli Convertible Bond A$30m

-------------------------------------------------------------

Other Investors Convertible Bond A$6.5m

-------------------------------------------------------------

Fengli Equity Placement A$30m

-------------------------------------------------------------

Total A$91.5m

-------------------------------------------------------------


The first tranche will be for convertible bonds to the value of A$32m. The second tranche will be for convertible bonds to the value of A$29.5m and shares to the value of A$30m.

Both tranches of the convertible bond issue are subject to the final approval of Galaxy's senior lenders, RZB and CDB.

Tranche 2 (both convertible bonds and equity placement) is subject to the approval of Galaxy's shareholders in an extraordinary general meeting. The Directors intend to recommend that shareholders vote in favour, and Galaxy's major shareholder Creat Resources Holdings Limited, has also indicated it intends to vote in favour, of the transaction. A portion of the equity investment by Fengli will also be subject to Foreign Investment Review Board (FIRB) approval.


Details of Strategic Investors

Strong Target International Ltd is a private company of Mr Li Shu Fu, who is the founder, Chairman and controlling shareholder (50.47%) of Geely. Geely is a Hong Kong listed company principally engaged in the manufacture and sales of automobiles in China. Geely has a market capitalisation of US$3.5 billion and reported turnover of approximately US$2 billion in 2009.

Fengli is a large, privately owned company based in Zhangjiagang city, Jiangsu Province, China. The Company is headed by President and major shareholder, Mr Wu Yue Ming. Fengli employs a total of 3,000 staff with turnover of RMB 30 billion (US$4.4 billion). Fengli's main businesses are in mineral resource development, the manufacture and trade of steel, transportation and logistics, and foreign investment. It is the largest used metal processor and distributor in China, and is one of the top 500 enterprises in China. Fengli is also a top ten shareholder of Fortescue Metals Group in Australia and one of the major shareholders in Jiangsu Bank.


Key Terms of the Convertible Notes

- Quantum: A$61.5 million

- Status: Unsecured and subordinated

- Term: 5 years

- Conversion Price: A$1.56, representing a 33.8% premium over the Reference Share Price. The Conversion Price is subject to the Conversion Price Reset and adjustment for certain future dilutive events

- Reference Share Price: A$1.166 (being the 20 day VWAP of the Shares ending on 28 September 2010)

- Coupon: 8.00% per annum

- Investor Put Option: End of year 3

- Redemption/Put Price: 100.00% of the principal amount

- Issuer Call: After year 3, Galaxy can call the bonds if the price of its shares exceeds the Conversion Price by 30% for a specified period

- Conversion Price Reset The Conversion Price may be reset downwards to the market price 12 months after the settlement date, subject to a floor price equal to 80% of the Conversion Price (currently A$1.25)


Key Terms of the Equity Placement

- Amount: A$30 million

- Issue price: A$1.39 (being the 5 day VWAP prior to 21 October 2010, when pricing terms were agreed

- Board representation: Fengli will be entitled to nominate one Director to the Board


Use of Proceeds

Galaxy intends to use the proceeds of the capital raising to fund the completion of construction and ramp-up of its Mt Cattlin and Jiangsu projects, as well as for working capital and the potential acquisition of other lithium-related projects. Part of the capital raised will replace the US$50 million that has been deposited in a cash reserve account for servicing future interest and principal repayments under the terms of Galaxy's project loan facility with CDB and RZB.

Mr Tan said that the Company looked forward to welcoming two strategic investors that will support the Company's plans to establish a vertically integrated lithium resource, chemical and battery manufacturing company.


Expected Timetable

The expected timetable for the capital raising is as follows:
- Senior lender consent for Tranche 1: 19 November 2010

- Issue of Tranche 1 convertible bonds: 19 November 2010

- Notice of meeting for EGM dispatched: The week of 22 November 2010

- FIRB approval of Tranche 2 equity to Fengli: By 22 December 2010

- Senior lender consent for Tranche 2: By 22 December 2010

- EGM for shareholder approval of Tranche 2: 22 December 2010

- Last date for the satisfaction of conditions precedent to the issue of Tranche 2 convertible bonds and equity: 15 January 2011

Morgan Stanley and BNP Paribas have been appointed as placement agents for the convertible bond issue, and Azure Capital is financial adviser to the Company in relation to both the convertible bond issue and the equity placement.


About Galaxy Resources Limited:

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is an emerging mining and chemical company focusing on lithium and tantalum production. Galaxy is at an advanced stage of developing its Mt Cattlin Lithium Project (hard rock spodumene) in Ravensthorpe, Western Australia. The Project encompasses a mine and minerals plant which will produce 137,000 tpa of 6% Li2O spodumene concentrate. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China.

The Company is finalising plans to establish a lithium carbonate chemical facility in Jiangsu Province, producing 17,000 tpa of lithium carbonate.



Contact:

Iggy Tan
Managing Director
Galaxy Resources Limited
TEL: [phone]
MOB: [phone]




Galaxy Resources Limited - Signs Letter Of Intent For Potential Battery Manufacturing Site
23.11.2010 | 23:30 Uhr | ASIA BUSINESS NEWS
09:07 AEST Nov 24, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved.

Perth, Australia (ABN Newswire) - Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) (PINK: GALXF) has signed a non-binding Letter of Intent (LOI) for the site of the Company's proposed lithium ion battery project in China.

The LOI has been signed with the Jiangsu Province Zhangjiagang Free Trade Zone Administrative Committee (JPZFTZ) for a 10 hectare site, located in the Jiangsu Eco-Friendly New Materials Industrial Park.

Galaxy Managing Director Iggy Tan said the site is an ideal location for the proposed lithium ion battery facility, located only several kilometres from the Company's Jiangsu lithium carbonate project and close to many of the utilities, consumables and processing materials required for battery production. In addition, the proposed site is in close proximity to some of the major Chinese electric bike manufacturers located in the Jiangsu and neighbouring Zhejiang Provinces. This is critical to developing and maintaining close business relationship with these important potential end customers.

'The site will have access to key utilities including electricity supply, water supply, post/telecommunication, drainage, road, steam and waste water sewerage to the land boundary, and site leveling,' said Mr Tan.

The proposed site is near to the major Yangtze River International Chemical Industrial Park, which contains over 3,000 enterprises including 40 international companies.

It is also close to the Zhangjiagang port, one of the largest international trade deep water ports along the Yangtze River Valley and a major distributing port in China for containers, timber, plant oil, steel and chemicals. It also serves as an important cargo transfer port, connecting middle and western parts of China and the provinces alongside the Yangtze River.

In addition to the LOI, there are a number of conditions that must be satisfied prior to entering into a binding agreement. For example, Galaxy has to take part in a public bidding process for the land use rights, as required under Chinese law, and the project must be approved by Galaxy's Board of Directors.

Development of the lithium battery project remains at a preliminary stage and Galaxy is not yet in the position to decide whether we will commence construction of the project in the future or at all. Before commencement of construction, Galaxy will need to, among other things, further evaluate the opportunity from a technical, financial and marketing perspective, enter into agreements with potential suppliers and customers, obtain the necessary land use rights and approvals from the relevant authorities and Galaxy's Board of Directors, and raise further funding.

For the complete Galaxy announcement including figures, please refer to the following link:
http://www.abnnewswire.net/media/en/docs/64251-ASX-GXY-51674…


About Galaxy Resources Limited:

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is an emerging mining and chemical company focusing on lithium and tantalum production. Galaxy is at an advanced stage of developing its Mt Cattlin Lithium Project (hard rock spodumene) in Ravensthorpe, Western Australia. The Project encompasses a mine and minerals plant which will produce 137,000 tpa of 6% Li2O spodumene concentrate. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China.

The Company is finalising plans to establish a lithium carbonate chemical facility in Jiangsu Province, producing 17,000 tpa of lithium carbonate.




Contact:

Iggy Tan
Managing Director
TEL: [phone]
MOB: [phone]

[FaxenClown]

Hallo in die Runde!

Bin wegen der Ponton-Lagerstätte (u.a. U+REE) auf Galaxy aufmerksam geworden ... und mit einer Posi eingestiegen.

Durch die hohe Aufmerksamkeit die Galaxy durch die Chinesen genießt sollte die Unternehmung ordentlichen Vorschub haben. Die Chinesen brauchen die Rohstoffe ja nicht zum draufsetzen

Auch die Idee mal ein paar Firmen zusammenzusuchen, die erstmal andere Rohstoffe als Prio haben und später evtl. REEs produzieren (REEs sind sehr Kapital- und Anlagenintensiv, da sollte man eine "Cash-Cow" besitzen die das vorfinanziert um andauernde KEs zu vermeiden).

Viel Erfolg allerseits und Allzeit grüne Kurse!

MfG, FaxenClown

[FaxenClown]

Antwort auf Beitrag Nr.: 40.639.786 von FaxenClown am 03.12.10 12:20:19

... Satz nicht zu ende geschrieben:

Auch die Idee mal ein paar Firmen zusammenzusuchen, die erstmal andere Rohstoffe als Prio haben und später evtl. REEs produzieren (REEs sind sehr Kapital- und Anlagenintensiv, da sollte man eine "Cash-Cow" besitzen die das vorfinanziert um andauernde KEs zu vermeiden)... hat mich überzeugt hier zu investieren.

So sollte der Satz vollständig heißen!

MfG, FaxenClown

[anand]

Antwort auf Beitrag Nr.: 40.639.802 von FaxenClown am 03.12.10 12:22:29

Gebe Dir Recht, dass es für die oft liquiditätsbegrenztenExplorer wichtig ist, sich möglichst früh mit solventen Partnern zu verbinden. Genau dieser Umstand beflügelt zur Zeit auch die Aktie von Woulfe Mining (A1CTE1). Es reicht eben nicht, nur eine vielversprechende Liegenschaft zu haben, wenn man ansonsten ausserstande ist, sie mittelfristig zu Geld zu machen.

"Tungsten Mining News

Woulfe Mining Corp. (CVE:WOF) announced the sale of shares as to Korea Zinc for funding of its ongoing tungsten/molybdenum project. “The Korean company signed an initial agreement to buy 33.3 million new shares, or a 13.46 percent stake, in Woulfe Mining for C$10 million ($9.8 million)… Korea Zinc will also purchase new shares in the three units for a total C$40 million,” according to Sungwoo Park, for Bloomberg."

Ich denke, dass Galaxy hier bei uns noch nicht genug Aufmerksamkeit von den einschlägigen Stellen erhalten hat. Das könnte aber schon bald der Fall werden, wenn man nicht nur Förderungs- , sondern auch erste Produktionserfolge meldet.

[schnaeggli]

Antwort auf Beitrag Nr.: 40.645.229 von anand am 03.12.10 23:35:37

Hallo an alle

Ich bin erst vor kurzem auf Galaxy gestossen - und bin positiv überrascht, was die Bewertung/das Potential dieser Unternehmung betrifft.

Ich habe mir nun mal den letzten Research-Report vom Dezember 2010 angeschaut. Papier nimmt ja bekanntlich alles an.

Was hält ihr von diesem Research ? Das Kurspotential wird dort auf knapp 2 AUD geschätzt, was einer MK von rund 380 Mio entspräche.

Gleichzeitig wird ein Gewinn nach Steuern von über 50 Mio jährlich steigend prognostiziert (Basis: LithiumPreis bei ca. USD 6'500)

Ich meine, dass da noch eine deutlich höhere Bewertung drinliegt, wenn die Produktion tatsächlich solche Gewinnzahlen ermöglicht.

REE-Fantasien und/oder weitere Produktionsstandort China noch gar nicht einbezogen.

Ich habe bis jetzt noch keine Aktien gekauft - aber könnte mir ein Engagement durchaus vorstellen.

Gruss
schnaeggli

[nicolani]

Antwort auf Beitrag Nr.: 40.801.700 von schnaeggli am 05.01.11 10:30:43

an deiner stelle würde ich nicht mehr warten!!

[FaxenClown]

11/01/2011 Galaxy Completes Review of Ponton Rare Earths Project
http://www.asx.com.au/asxpdf/20110111/pdf/41w3wlq3fcr0vh.pdf

Gute Nacht ... und freudiges erwachen!

MfG, FaxenClown

[FaxenClown]

Antwort auf Beitrag Nr.: 40.836.454 von FaxenClown am 11.01.11 01:12:38

... ein kleiner Auszug:

The best historical drill results show intersections including 16m @ 14.48% rare earth oxides (REO), 28m @ 10.50% REO (including 6m @ 20.57% REO) and 26m @ 6.99% REO from surface (including 8m @ 13.12% REO). As a comparison, Lynas Corporation (ASX:LYC) Mt Weld’s Central Lanthanide deposit has an average resource grade of 10.7% REO + Y.

Jetzt aber wirklich ab ins Bett!

MfG, FaxenClown

[FaxenClown]

Antwort auf Beitrag Nr.: 40.836.457 von FaxenClown am 11.01.11 01:20:42

OK! ... einen lege ich noch nach:



...

[schnaeggli]

Antwort auf Beitrag Nr.: 40.836.459 von FaxenClown am 11.01.11 01:23:47

es läuft gar nicht nach meinem Geschmack !!
Ich habe gestern eine Kauf-Order mit Limit bei AUD 1.64 bei meiner Bank platziert. Leider ist sie nicht ausgeführt worden...

Gruss
schnaeggli

[nicolani]

Antwort auf Beitrag Nr.: 40.839.763 von schnaeggli am 11.01.11 15:16:25

dann kauf dir doch jetzt von den 10000 die zur zeit in stuttgart für 1,34 angeboten werden, billiger kommst wohl nicht mehr dran!!

[manffreddoo]

Antwort auf Beitrag Nr.: 40.841.629 von nicolani am 11.01.11 18:28:59

....billiger wirds immer mal wieder, ist nur eine Frage der Zeit(oftmals).
Im Sommer 2007 hät auch keiner gedacht dass Minenwerte 90% günstiger im Sommer 2008 zu haben sind.

[nicolani]

Antwort auf Beitrag Nr.: 40.843.338 von manffreddoo am 11.01.11 22:06:26

na dann lass dich mal gleich im frühen handel in down-under überraschen, wenn ich nicht vollgeladen wäre ich hätte die 10k mit zuckerzimtstange gegriffen zu 1,34...lol...

[FaxenClown]

17/01/2011 Galaxy Tranche Two Funding Part Received
http://www.asx.com.au/asxpdf/20110117/pdf/41w6j040zfrjfk.pdf

Gute N8, FaxenClown

[nicolani]

sollte morgen dann nach oben gehen!!

[FaxenClown]

21/01/2011 Presentation - Toronto Lithium Conference
http://www.asx.com.au/asxpdf/20110121/pdf/41w957w6blzhbp.pdf

... 75 Seiten
MfG, FaxenClown

[schnaeggli]

Antwort auf Beitrag Nr.: 40.839.763 von schnaeggli am 11.01.11 15:16:25

Jetzt habe ich meine paar Tausend Stücke erhalten !!

Jetzt kann's wieder kräftig nach oben gehen. Mein Ziel wäre, die nächsten Sommerferien mit dem Gewinn zu finanzieren...

... Sardinien ... Nordküste.... 14 wunderbare Tage... wenn ihr wisst, was ich meine, he he he

schnaeggli

[schnaeggli]

Antwort auf Beitrag Nr.: 40.899.898 von FaxenClown am 20.01.11 23:59:19

Zur Präsentation hätte ich eine Frage:

Seite 56 wird ua genannt:
Target raisin US$260 m

Ist das zu interpretieren, dass Galaxy durch das Hongkong-Listing weitere 260 Mio am Markt aufnehmen möchten (Kapital-Erhöhung mit entsprechender Verwässerung für Altaktionäre) oder wird das Ziel verfolgt, mit der höheren Marktpräsenz den Kurs zu steigern, sodass die Marktkapitalisierung um 260 Mio steigt ?

Und noch etwas:
Ist die Produktionsstätte in China durchfinanziert ?

Gruss
schnaeggli

[FaxenClown]

... scheint wohl gestern untergegangen zu sein:

07/02/2011 Galaxy Extends Share Issue Period
http://www.asx.com.au/asxpdf/20110207/pdf/41wn1zfgzcfqjz.pdf

@schnaeggi: Galaxy läuft bei mir nur so nebenbei (Empfehlung eines Freundes) ... muss mich da mal genauer einlesen. Shame on me!

MfG, FaxenClown

[FaxenClown]

Galaxy Resources Limited (ASX:GXY) Finalises James Bay Farm-In Agreement With Lithium One Inc. (CVE:LI)

Perth, Feb 15, 2011 (ABN Newswire) - Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) ("Galaxy") is pleased to announce that the parties have signed the formal farm-in and joint venture agreement ("Agreement") with Lithium One Inc. (CVE:LI) (PINK:LITHF) of Canada to acquire up to 70% of the James Bay Lithium Pegmatite Project in Quebec.

Under the terms of the agreement, Galaxy will acquired an initial 20% equity interest in the James Bay Project for C$3 million. Galaxy will have the potential to increase its stake to 70% through the completion of a definitive feasibility study within a 24 month period. Whilst the formal agreement has been executed, the initial payment of C$3 million is subject to minor conditions involving transfer of some minor tenements from one option holder to Lithium One. Galaxy expects the conditions to be satisfied within the next month.

The James Bay Project is an extensive high-grade spodumene pegmatite, near-surface deposit, with a NI 43-101 compliant resource and close proximity to key infrastructure.

Galaxy Resources Managing Director, Iggy Tan, said "James Bay's location geology and low cost of entry make it a good fit with Galaxy's strategy of growing its lithium resource footprint. It will also create a source of lithium supply for the emerging lithium battery sector in North America."

"We have established a Canadian subsidiary, and the recruitment for an in-country project manager has commenced. Galaxy expects to be able to fast track the development of this project by constructing plants with similar design and capacity to those at the Mt Cattlin mine in Australia and Jiangsu lithium carbonate plant in China."


About Galaxy Resources Limited

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is an emerging mining and chemical company focusing on lithium and tantalum production. Galaxy is at an advanced stage of developing its Mt Cattlin Lithium Project (hard rock spodumene) in Ravensthorpe, Western Australia. The Project encompasses a mine and minerals plant which will produce 137,000 tpa of 6% Li2O spodumene concentrate. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China.

The Company is finalising plans to establish a lithium carbonate chemical facility in Jiangsu Province, producing 17,000 tpa of lithium carbonate.

http://www.abnnewswire.net/media/en/docs/65221-ASX-GXY-52896…" target="_blank" rel="nofollow ugc noopener">
http://www.abnnewswire.net/media/en/docs/65221-ASX-GXY-52896…

MfG, FaxenClown

[nicolani]

ja denke schon, dass hier eine great company entsteht, auf jeden fall sind sie auf gutem wege!

[FaxenClown]

Galaxy Resources completes AUD 91 million capital raising
Saturday, 19 Feb 2011

Galaxy Resources Limited announced that it has completed its previously reported AUD 91.5 million capital raising, following the receipt of the remaining AUD 49 million in the second tranche of funding (Tranche 2).

The balance of Tranche 2 comprised AUD 19 million in convertible bonds and a AUD 30 million equity placement with Fengli Group (Hong Kong) Co. Limited.

The initial part of Tranche 2 - AUD 10.5 million in convertible bonds was received on January 14th 2011.

The capital raising proceeds will be used for the ramp-up program at Mt Cattlin, to finish construction of the Jiangsu Lithium Carbonate Project and to provide additional working capital.

Mr Iggy Tan MD of Galaxy Resources welcomed the new bond holders and shareholders to the company. He said that "We see this significant investment as a testament to the company's growth potential and its strategy of becoming a vertically integrated lithium company, involved in raw product lithium production, through to chemical processing and lithium ion battery manufacturing.”

(Sourced from ABN Newswire)

http://steelguru.com/metals_news/Galaxy_Resources_completes_…

MfG, FaxenClown

[Ingold]

Hallo @
habe mich erst jetzt etwas mit galaxi beschäftigt.
Bin am überlegen gleich einzusteigen, oder geht es weiter in den Keller?

[sterndesnordens]

Antwort auf Beitrag Nr.: 41.075.887 von Ingold am 21.02.11 10:52:04

Hallo Ingold

Glaube nicht, dass es viel weiter runter geht. War heute doch ein eher heftiger Rücksetzer. (wenn ich in mein Depot schaue, leider nicht der einzige!)
Bin heute rein, habs aber leider nicht optimal erwischt.

Wünsch dir en gutes Händchen.
Wie immer gilt: keine Kaufempfehlung!

Mlg

SterndesNordens

[Ingold]

Antwort auf Beitrag Nr.: 41.080.746 von sterndesnordens am 22.02.11 00:04:05

Hallo sterndesnordens,
danke, hat mich gefreut eine freundliche Antwort zu bekommen.
Will mal sehen, ob ich heute noch zu einem guten Preis reinkomme auch dir viel Glück bei deinen Investments.
Grüße Ingold

[freddykrger]

moin

[sterndesnordens]

Antwort auf Beitrag Nr.: 41.081.034 von Ingold am 22.02.11 07:29:25

Guten Morgen!

Extra für dich Ingold nocheinmal günstigere Preise heute! Nochmal können wir es (wahrscheinlich) aber nicht für dich arrangieren.

Auf einenspannenden Tag

Mlg

SterndesNordens

[freddykrger]

ich überlege auch einzusteigen....

[Ingold]

Antwort auf Beitrag Nr.: 41.081.588 von sterndesnordens am 22.02.11 09:15:14

Hallo
Verkaufe doch einige günstig, nehme sie dir dann ab

[FaxenClown]

Galaxy Resources Limited (ASX:GXY) Announce Company Appointments

Perth, Feb 25, 2011 (ABN Newswire) - Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to announce the appointment of Mr Shaoqing Wu as a Non Executive Director to the Galaxy Board and the appointment of Ms Ella Wong as Company Secretary (Hong Kong).

Mr Wu was nominated to the board by Fengli Group, which was part of the agreement around Fengli's recent convertible note and equity investment in Galaxy. Mr Wu is currently the General Manager of Fengli.

Mr Wu is a civil engineering graduate of Shazhou College in Zhangjiagang City and has been an employee of Fengli for over 15 years. He was promoted to the group's General Manager from a Vice President role in 2010.

Welcoming the appointment, Galaxy Resources Chairman Craig Readhead said: "Mr Wu's wealth of local experience and network in the Zhangjiagang area where the Company's lithium carbonate and potential lithium battery plant are located will significantly strengthen the Galaxy Board."

Newly-appointed Company Secretary (Hong Kong) Ella Wong has 13 years experience in corporate secretarial practice.

She is a chartered secretary and an associate member of both The Institute of Chartered Secretaries and Administrators and The Hong Kong Institute of Chartered Secretaries.

Ms Wong joined Tricor Services Ltd ("Tricor") in 2004 and is currently a manager of the corporate services division.

Ms Wong has provided outsourced company secretarial services to many private companies and has been actively involved, as a manager of Tricor, in servicing a number of public companies listed on the Stock Exchange.


About Galaxy Resources Limited

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is an emerging mining and chemical company focusing on lithium and tantalum production. Galaxy is at an advanced stage of developing its Mt Cattlin Lithium Project (hard rock spodumene) in Ravensthorpe, Western Australia. The Project encompasses a mine and minerals plant which will produce 137,000 tpa of 6% Li2O spodumene concentrate. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China.

The Company is finalising plans to establish a lithium carbonate chemical facility in Jiangsu Province, producing 17,000 tpa of lithium carbonate.

http://www.abnnewswire.net/press/en/66215/Galaxy_Resources_L…

MfG, FaxenClown

[FaxenClown]

Heute gleich mehrere NEWS:

Galaxy Resources Limited (ASX:GXY) Issues Web Proof Information Pack For Proposed Hong Kong Listing

Perth, Feb 28, 2011 (ABN Newswire) - Further to recent announcements of Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) in relation to its application for a dual listing of its shares on the Hong Kong Stock Exchange, Galaxy is pleased to attach a document known in Hong Kong as the Web Proof Information Pack ("WPIP").
[...]

http://www.abnnewswire.net/press/en/66242/Galaxy_Resources_L…

WPIP als PDFhttp://www.abnnewswire.net/media/en/docs/531105.pdf

^^^^^^^^^^^^^^^^^^^^^^
Quarterly Report DEC 2010:http://www.galaxyresources.com.au/documents/GXY-QuarterlyRep…" target="_blank" rel="nofollow ugc noopener">
http://www.galaxyresources.com.au/documents/GXY-QuarterlyRep…

^^^^^^^^^^^^^^^^^^^^^^
28/02/2011 Initial Director`s Interest Notice
http://www.asx.com.au/asxpdf/20110228/pdf/41x44x44k5hdl8.pdf

MfG, FaxenClown

[sterndesnordens]

Antwort auf Beitrag Nr.: 41.119.649 von FaxenClown am 28.02.11 18:02:52

Vielen Dank für die vielen Infos, auch in anderen Threads.
Wollt ich schon lange mal sagen!!!

MlG

SterndesNordens

[FaxenClown]

Antwort auf Beitrag Nr.: 41.121.499 von sterndesnordens am 28.02.11 22:18:52

... gern geschehen. Hab für alle meine Invests einen Update Alarm auf finanznachrichten.de ... bin halt gern informiert ... der Rest ist "know what" (und "how") ... richtig googlen will halt auch gelernt sein.

... könnte man jetzt als "off Topic" beschimpfen ... aber ich nenne es mal "Hilfe zur Selbsthilfe"

Update-Scanner für Firefox:
https://addons.mozilla.org/de/firefox/addon/update-scanner/

Google Translator als gadget für Firefox:
https://addons.mozilla.org/de/firefox/addon/gtranslator/

MfG, FaxenClown

[FaxenClown]

Galaxy Resources Limited (ASX:GXY) Jiangsu Lithium Carbonate Project Update

Perth, Mar 11, 2011 (ABN Newswire) - Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) wishes to present a pictorial update of the company's Jiangsu Lithium Carbonate Project in Jiangsu, PRC.

- No lost time injuries were recorded at Jiangsu site since commencement of the project

- All roads on site are completed

- Most building steelwork and cladding are completed

- Calciner kiln, sulphation kiln and cooler shells have arrived onsite

- Shells to be welded on the ground and lifted into place when support foundations are completed

- Conveyor from the wharf is progressing well

- Major plant and equipment have arrived on site ready for installation

- Jiangsu lithium carbonate project is on schedule

- Lithium carbonate plant commissioning and start-up is scheduled for end Quarter 2, 2011

- MV Ocean Flower has been booked for the first spodumene shipment from Mt Cattlin to China, for end March 2011

For the complete Galaxy announcement including project pictures, please refer to the following link:
http://www.abnnewswire.net/media/en/docs/533004.pdf
http://www.abnnewswire.net/press/en/66468/Galaxy_Resources_L…" target="_blank" rel="nofollow ugc noopener">
http://www.abnnewswire.net/press/en/66468/Galaxy_Resources_L…

MfG, FaxenClown

[freddykrger]

aber der Kurs fällt

[FaxenClown]

14/03/2011 Galaxy Postpones Hong Kong IPO on Poor Financial Markets
http://www.asx.com.au/asxpdf/20110314/pdf/41xdn0swwx9jph.pdf

MfG, FaxenClown

[FaxenClown]

Galaxy Resources Limited (ASX:GXY) Sells First Tantalum Concentrate from Mt Cattlin
Perth, Mar 16, 2011
(ABN Newswire) - Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to announce it has delivered the first shipment of tantalum concentrate from its Mt Cattlin mine in Western Australia, under its five-year sales agreement with Global Advanced Metals Pty Ltd ("GAM"). The shipment of 28 tonnes had an average grade of 2.3% tantalum pentoxide.

While Galaxy is focused on mining and processing of lithium ore at Mt Cattlin, tantalum ore is coincidently mined during that process. The tantalum ore is subsequently processed into tantalum concentrate by-product.

Galaxy Managing Director, Iggy Tan, advised that the Company was pleased to record its first sale of tantalum concentrate as the ramp up of Mt Cattlin progresses.

"The Company has also secured the MV Ocean Flower for its first shipment of spodumene to China for the end of March 2011".


About Galaxy Resources Limited

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is an emerging mining and chemical company focusing on lithium and tantalum production. Galaxy is at an advanced stage of developing its Mt Cattlin Lithium Project (hard rock spodumene) in Ravensthorpe, Western Australia. The Project encompasses a mine and minerals plant which will produce 137,000 tpa of 6% Li2O spodumene concentrate. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China.

The Company is finalising plans to establish a lithium carbonate chemical facility in Jiangsu Province, producing 17,000 tpa of lithium carbonate.

http://www.abnnewswire.net/press/en/66542/Galaxy_Resources_L…

MfG, FaxenClown

[FaxenClown]

Galaxy Resources Limited (ASX:GXY) Extends Mt Cattlin Mine Life After Resource Upgrade

Perth, Mar 22, 2011 (ABN Newswire) - Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to announce it has lifted the total contained lithium oxide (Li2O) resource at its wholly-owned Mt Cattlin mine by 14% to 197,000 tonnes from its last resource estimate, issued January 2010.

Recent drilling, modelling and evaluation have boosted both resources and reserves at Galaxy's Mt Cattlin lithium focussed project, which is near Ravensthorpe in Western Australia. Total resource tonnes at Mt Cattlin increased by 14.6%, or 2.31 million tonnes from the previous estimate, while the measured and indicated mineral resource was up 12%, or 1.50 million tonnes, to 13.8 million tonnes.

Galaxy Resources Managing Director, Iggy Tan, said the resource increase at Mt Cattlin extends the potential mine life of the spodumene project to 18 years, including inferred resources.

Resource Estimate Upgrade

The geological model was prepared by Galaxy Resources and the estimation was prepared by consultants Hellman and Schofield Pty Ltd (H&S).

This new estimate of contained mineral resources for the Mt Cattlin deposit is 197,000 tonnes of lithium oxide (Li2O) and 6.26 million pounds of tantalum pentoxide (Ta2O5) above a cut off grade of 0.4% lithium oxide, reported below in accordance with the JORC Code and Guidelines. The new estimate has increased the total tonnes for all resources by 2.31 million tonnes, while tonnes in the measured and indicated resource categories have increased by 1.50 million tonnes, or 12% compared to 2010.

The latest resource estimate includes an additional 67 RC holes (5446m) and five diamond holes (390m) compared to the January 2010 estimate. Collar positions of drill holes are shown in Figure 1 (see link at the bottom of the release), with those completed after the January 2010 resource estimate highlighted. Drilling during 2010 focused mainly on the North West Zone, which accounts for the bulk of the resource increase. Some infill drilling was completed in other areas to extend known mineralised zones or upgrade resource categories.

For the complete Galaxy announcement including figures and tables, please view the following link:
http://www.abnnewswire.net/media/en/docs/534496.pdf

http://www.abnnewswire.net/press/en/66641/Galaxy_Resources_L…

MfG, FaxenClown

[nicolani]

eine durch und durch solide company, denke hier werden wir noch sehr viel spass mit haben!

[FaxenClown]

Galaxy Resources Limited (ASX:GXY) Wins Sustainable Energy Award For Solar Technology
http://www.abnnewswire.net/press/en/66698/Galaxy_Resources_L…

MfG, FaxenClown

[FaxenClown]

Galaxy Resources Limited (ASX:GXY) Ships First Spodumene from Mt Cattlin to China

Perth, Mar 28, 2011 (ABN Newswire) - Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to announce it has successfully loaded its first shipment of spodumene at the Bunbury Port in Western Australia. A total of approximately 6,500 tonnes of spodumene was loaded on the MV Ocean Flower bound for the Zhangjiagang Port in the Peoples Republic of China.

Galaxy Resources Managing Director, Iggy Tan, said the first shipment of spodumene was an important milestone for the company:

"This is a very exciting day for the Company and for all our operations. It is the first load of spodumene to be shipped from ur Mt Cattlin mine in Ravensthorpe and heralds the preparation of commissioning at our Jiangsu Lithium Carbonate plant in China. We are still on track to begin the commissioning and start-up of the Jiangsu plant end of second quarter."

"If we have a surplus of spodumene around the commissioning phase, we may consider selling subsequent shipments to external customers; but our priority is the Jiangsu plant."

Mr Tan said the Company shipped its first product from the Bunbury Port while it finalises shipping arrangements with the Esperance Port.

Mr Tan said the ramp up at Mt Cattlin has been progressing well, with daily spodumene production recently averaging 70% of design output.

"The Mt Cattlin management and staff are to be commended on their achievements in the early stages of the Mt Cattlin ramp-up."

http://www.abnnewswire.net/press/en/66723/Galaxy_Resources_L…

MfG, FaxenClown

[nicolani]

eine echte perle! jetzt wird endlich geld verdient! scheint ja so als wären wir hier so ziemlich allein, vielen dank an deine adresse faxe!

[FaxenClown]

Antwort auf Beitrag Nr.: 41.279.404 von nicolani am 28.03.11 23:35:27

... naja, zu "alten (Zwischen-)Höhen" ist es ja noch ein Stückchen ... aber hier passiert wenigstens relativ schnell und stetig was.

Denke auch, dass nict viele Galaxy auf dem Schirm haben.

MfG, FaxenClown

[schnaeggli]

Antwort auf Beitrag Nr.: 41.279.522 von FaxenClown am 29.03.11 00:30:31

Ich bin einer, der die Galaxy auf dem Schirm hat - ich bin sogar Aktionär.

Und da bin ich natürlich stark daran interessiert, was abläuft.

Eine Sache ist mir noch nicht ganz klar:
Galaxy hat am 15.02.2011 eine Kapitalerhöhung von 91,5 Mio abgeschlossen

Kurz davor hat Galaxy (07.02.2011) angekündigt, dass sie im Zsh. mit dem IPO in Hongkong bis zu 197 Mio Aktien ausgeben möchte/kann (Beschluss der GV vom Dezember 2010)

Derzeit lt. Webseite 214'236'091 Aktien ausstehend.

Weitere 197'000'000 Aktien würden eine gewaltige Verwässerung der Aktien bedeuten und den Kurs stark ausbremsen.

Liege ich da mit meinen Fakten und Überlegungen falsch ?

Gruss schnaeggli

[FaxenClown]

... und wieder News:

Galaxy Resources Exploration Update
Mon, 4 Apr 2011

Highlights
*Galaxy identifies new exploration targets at its Ponton Rare Earths Project after data review
*Target areas to the north and west of previous drill sites
*Strong radiometric signatures suggest the Ponton project area could be larger than initially thought
*Company is continuing discussions with WA Government for grant of tenement application

http://media.wotnews.com.au/asxann/01167623.pdf

MfG, FaxenClown

[FaxenClown]

Antwort auf Beitrag Nr.: 41.281.631 von schnaeggli am 29.03.11 11:56:25

... ja, eine nahezu Verdopplung der Aktienanzahl würde technisch gesehen - im schlimmsten Fall, da es ja "up to 197Mio Shares" heißt - fast einer Halbierung der Performance entsprechen. Andererseits erkauft man sich dadurch den Schlüssel für höhere Ziele / eine höhere MCap, die man ohne Finanzierung nicht erreichen könnte. Dazu kommt noch, dass man durch eine IPO neue Märkte / Investoren / Kapital erschließt. Könnte auch nochmal einen Boost (trotz Verwäserung) bringen. Kann man immer so oder so sehen.

Was ich jedoch erstmal gut finde: Die IPO wurde erstmal wegen des schlechten Marktumfeldes abgebrochen ... Im Februar (zum Zeitpunkt des Beschlusses) standen wir ja noch bei ca. 1,5-1,6 AUD ... atm. noch deutlich darunter.

Weiß leider nicht wie lange Galaxy noch warten kann, um eine Finanzerung auf die Beine zu stellen.

MfG, FaxenClown

[nicolani]

finanzierung muss einfach sein bei unternehmen in diesem stadium, und in aller regel nimmt der markt das auch positiv auf und deshalb glaube ich erst recht daran, weil es sich hier um eine echte perle handelt!

[nicolani]

und der markt hat immer recht! also kurs auf!!

[schnaeggli]

Antwort auf Beitrag Nr.: 41.311.570 von nicolani am 04.04.11 08:39:23

... deine (geschriebenen) Worte in Gottes Ohren/Augen ...

[nicolani]

wieso hast du hier zweifel, gxy ist gerade am entstehen, will ja nicht sagen am exploding-point!!

[nicolani]

trading halt! vielleicht gibt's gute nachrichten, mal sehen!!

[nicolani]

ich gehe mal davon aus, dass das paket verkauft ist, hoffentlich zu einem ordentlichen preis und somit nicht ganz ausgeschöpft, also überraschung!

[nicolani]

also ich sehe das capital raising als absolut positiv!

[FaxenClown]

... hier mal die offizelle News:

Galaxy Resources Limited (ASX:GXY) Finalises A$120 Million Capital Raising

Perth, April 14, 2011 (ABN Newswire) - Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to announce it has finalised a A$120 million capital raising via an equity placement.

The raising was completed with sophisticated and institutional investor clients of Azure Capital, Morgan Stanley and Helmsec Global Capital (Joint Lead Managers). The placement was priced at A$1.10, which represented a 13.6% discount to the 30-day volume weighted average price (VWAP) prior to the pricing date of 8 April 2011.

The issue was substantially oversubscribed with strong interest coming out of Europe, Asia, US and Australia.

Galaxy Resources Managing Director, Iggy Tan, said the proceeds will strengthen the Company's capital base.

"We will use the funds for working capital and ramp up of our Mt Cattlin spodumene project in Western Australia and Jiangsu lithium carbonate plant in China, which we're due to commission at the end of the quarter. The timely commissioning and ramp up of Galaxy's operations are essential in meeting the imminent surge in demand for lithium carbonate from the EV/E-bike market. The raising will also provide the Company with funds for potential acquisitions and the repayment of some debt."

"We are pleased to welcome a number of particularly high-quality investors onto Galaxy's register, to help us execute our growth strategy and support the company as it moves forward."

The capital raising will be completed in two tranches and allocated as follows:

----------------------------------
Tranche Shares Amount
----------------------------------
Tranche 1 31.0 m A$34.1 m
----------------------------------
Tranche 2 78.1 m A$85.9 m
----------------------------------
Total 109.1 m A$120.0 m
----------------------------------

Tranche 2 is subject to the approval of Galaxy's shareholders in an Annual General Meeting scheduled for 13 May 2011.

Expected Timetable

The expected timetable for the capital raising is as follows:

- Notice of Meeting for AGM dispatched: 15 April 2011

- Issue of Tranche 1 shares: 21 April 2011

- Shareholder approval at AGM of Tranche 2: 13 May 2011

- Issue of Tranche 2 shares: 20 May 2011

http://www.abnnewswire.net/press/en/66985/Galaxy_Resources_L…

... naja, die Dilution von 214Mio. Shares auf 323Mio Shares sind in Anbetracht der - momentan noch auf Eis liegenden - angekündigten IPO in HK von "up to" 197 Mio Shares schon eine bittere - wenn auch nötige - Pille. Der Anteil der Altaktionäre wird - je nach Umfang der IPO - auf 53% (bei bei einer 77Mio Shares IPO) bzw. im worst Case (197 Mio. Shares) auf 41% gedrück.

Bedeutet einerseits, dass die Marktbewertung um Faktor 2-2,4 mehr steigen muss, um den selben Gewinnvektor (Earnings/Time) je Aktie zu erreichen. Andererseits wird so eine Steigerung der Marktbewertung erst möglich, da wieder Liquidität vorhanden ist. Sollte man dabei auch nicht vergessen, da die Alternative (= Insolvenz) ... nicht mein bevorzugtes Szenario darstellt.

Immerhin kommen die neuen 120Mio von Instis, evtl. sogar neuen Ankerinvestoren (frommer Wunsch meinerseits), d.h. es besteht reges Interesse an der Versorgung durch Lithium von Galaxy

... sofern die 2. Tranche auf der AGM beschlossen wird, aber das machen wohl die Top 20 Shareholder unter sich aus (immerhin 55,74% aller Shares):

http://www.galaxyresources.com.au/corporate_capital.shtml

Möglich ist natürlich auch, dass eine deutlich kleinere IPO beschlossen wird ... das würde die Dilution wenigstens ein wenig eingrenzen. Denn auch viel Gewinn ist du viel Verwässerung am Ende wenig Gewinn!

MfG, FaxenClown

[nicolani]

Antwort auf Beitrag Nr.: 41.369.625 von FaxenClown am 14.04.11 18:38:57

mein obiger beitrag entstand nach der lektüre der press-release, also nochmal, ich bin sehr zufrieden über das ergebniss!

[nicolani]

zudem spricht der kursverlauf von heute in down-under die gleiche sprache, eröffnet unter 1,20 und kontinuierlich auf nahe 1,30 gestiegen, also sehe ich diese massnahme als verdaut!!

[FaxenClown]

Zitat von nicolani: mein obiger beitrag entstand nach der lektüre der press-release, also nochmal, ich bin sehr zufrieden über das ergebniss!

... schon klar, hättest aber auch die News direkt mit reinstellen können, oder?

MfG, FaxenClown

PS: Verdaut sehe ich diese Maßnahme erst nachdem beide Tranchen draußen sind. Das hin und her des Kurses bis dahin ist eher "Pillepalle". In vielen Fällen pendelt der Kurs erstmal um den Ausgabepreis (in dem Fall 1,10 AUD).

Wo der Kurs kurzfristig hinläuft, sollte für Longies eh egal sein. Bei 1,30 AUD zuckt bei mir noch nicht ein Finger.

[FaxenClown]

Galaxy Resources Limited (ASX:GXY) Release Chairman Letter To Shareholders Regarding Capital Raising

Perth, April 15, 2011 (ABN Newswire) - Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) advises that a copy of the attached letter to Shareholders in respect of the Capital Raising announcement dated 14 April 2011 has been dispatched today.

Dear Fellow Shareholder


CAPITAL RAISING
I am writing to provide you with some background to Galaxy's recent capital raising, which we believe will facilitate the Company executing on its strategy of becoming a leading vertically integrated lithium producer.

Following our decision to defer the planned Hong Kong listing, the Board explored the full range of options available to meet the working capital and ramp-up funding requirements for the Mt Cattlin mine and the Jiangsu lithium carbonate plant.

With the best interests of our shareholders uppermost in our minds, we made the decision to raise the capital by way of a placement to institutional investors, as this allowed us to secure funds quickly and efficiently, and at a firm price.

Importantly, the placement process did not leave Galaxy subject to market volatility and share price pressure while waiting for the capital raising to be completed. The Board was also mindful that shareholder participation was low in the Company's previous share purchase plans.

The Company also identified an opportunity to attract a number of highly regarded Australian and international institutions to invest in Galaxy, thereby enhancing the quality and stability of our share register. Lastly, this raising delivered an efficient and effective way to provide funding for Galaxy's various projects and, importantly, has left the Company in a much better and stronger financial position.

The majority of the capital raised will be used for working capital and ramp up requirements at Mt Cattlin (A$49 million) and Jiangsu plant in China (A$35 million),both of which we believe will be significant value drivers for your Company. The balance of the funds raised will be applied in areas such as debt reduction and new acquisitions, as well as providing general working capital pending first positive cash flows in the first half of 2012.

As Chairman of Galaxy, I am very pleased with the outcome we have achieved in significantly improving the capital structure of the Company. I hope this puts into context the Board's decision on the raising and be assured your Board will always be driven by what we believe is in the best interests of our shareholders.

Yours sincerely
Craig Readhead
Chairman

http://www.abnnewswire.net/press/en/66999/Galaxy_Resources_L…

MfG, FaxenClown

[DerRohstoffbulle]

enttäuschend... CO canadian orebodies wesentlich vielversprechender!

[nicolani]

das sehe ich nun wirklich genau umgekehrt!!

[XIO]

Die KE muss doch langsam verdaut sein

[nicolani]

der dollar wird halten, und dann wird's demnächst knallen!!

[nicolani]

morgen!!

[XIO]

Hallo Leute, wer kann was aktuelles zur Lage der Firma sagen
Konsolidierung langsam ausgestanden?

[nicolani]

Antwort auf Beitrag Nr.: 41.572.558 von XIO am 29.05.11 12:34:36

geh mal davon aus!!

[FaxenClown]

Antwort auf Beitrag Nr.: 41.573.621 von nicolani am 29.05.11 21:56:13

... sag mal, hat schon mal irgendeine deiner wagen Prognosen - die übrigens immer nur eine Richtung kennen - gestimmt?

Schau mal, was du am 11.5. gesagt hast ... seit dem 25ct tiefer.

Aber ist ja nicht die einzige Aktie, wo das nicht klappt!

MfG, FaxenClown

[Pebbles]

Habe mehr durch Zufall von dieser Mine gehört und kann mir noch keine Meinung von den Aussichten machen.
Lithium an sich ist ja ein mehr und mehr benötigter Rohstoff und wenn die Mine ertragreich sein sollte und die Preise wieder anziehen sollten, dann gäbe es ja durchaus eine interessante Konstellation.

Aber für GXY fehlen mir noch zuviele Informationen. Mal schaun, ob ich vielleicht mal einsteige. Charttechnisch könnte ein (brüchiger) Boden gefunden worden sein.

[Pebbles]

Die Liste er Investoren sieht ja recht interessant aus. Da müsste man ja meinen, dass Profis investiert sind. Aber wer weiß das schon mit abschliessender Sicherheit?
Auch die haben sich schon oft die Finger vergrannt.

[freddykrger]

das Ding fällt und fällt

[Pebbles]

Antwort auf Beitrag Nr.: 41.617.951 von freddykrger am 08.06.11 09:25:23

Naja, die letzten 10 Börsentage liegt der Kurs ja recht stabil. Vielleicht ist das ja der Beginn einer Stabilisierung.

In den letzten 2 Monaten haben fast alle Minen in Australien einen Kursrückgang verzeichnen können; insbesondere die, die noch nicht produzieren und noch einige Monate brauchen, um in den Zustand zu kommen.

Galaxy hat ja nun die ersten beiden Schiffe mit Gestein nach China geschickt. Hoffentlich ist auch das ersehnte Lithium in genügender Menge in dem Gestein vorhanden.

Ich werde mal am Montag mit einem kleinen Betrag einsteigen. Die Umsätze in Deutschland sind zwar mickrig und man muss ein Aufgelg gegenüber Aussiland von 3 - 4 % einplanen - aber wenn's dann abgeht - dann hätte es sich gelohnt.

Eigentlich sind alle Infos, die man so im Internet findet recht positiv. Mal schaun, ob das eine gute Entscheidung war und ob ich überhaupt welche bekomme.

[Pebbles]

Bin heute mal eingestiegen zum Preis von 0,639 €. Mal sehen, ob das zu einem günstigen Zeitpunkt war. Heute Nacht war ja die ASX geschlossen, so dass man erst Morgen erfährt, wie sich der Kurs weiter entwickelt. Aber charttechnisch scheint sich ein (dünner) Boden gebildet zu haben.

[Pebbles]

Kurs hält sich iN Australien auch heute ziemlich stabil, obwohl vergleichbare Minen in Australien doch teils starke Kursverluste hinnehmen mussten.

Mal sehen ob die Bodenbildung anhält und der Kurs nach oben (meine favoriesierte Richtung :lick ausbricht.

[freddykrger]

Du bist auch der Einzige der diesen Tread aufrecht erhält wah ha ha

das Teil schmiert ganz gewaltig ab.....nun bei 60 Cent

[Pebbles]

Zitat von freddykrger: Du bist auch der Einzige der diesen Tread aufrecht erhält wah ha ha

das Teil schmiert ganz gewaltig ab.....nun bei 60 Cent

Was nennst Du abschmieren? Heute ein Minus von 0,33%!

Aber sicher ist es ein Wagnis, das ist mir durchaus bewußt. Aber die DBK oder CoBa ist mir zu langweilig.

[nicolani]

das tal der tränen ist durchschritten!!

[XIO]

Antwort auf Beitrag Nr.: 41.726.647 von nicolani am 30.06.11 23:25:49

...seh ich auch so

[Pebbles]

Bloomberg Bericht zu Lithium. In dem Bericht wird ein enormer Engpaß gesehen bei dem Rohstoff Lithium ab 2015.

Insbesondere wird mit zunehmender Nutzung regenerativer Energien und damit der Notwenigkeit diese zwischen zu speichern, Lithium eine große Zukunft haben.

Anbei der Bericht:

http://www.bloomberg.com/news/2011-06-30/lithium-shortfall-m…

[FaxenClown]

Zitat von Pebbles: Galaxy hat ja nun die ersten beiden Schiffe mit Gestein nach China geschickt. Hoffentlich ist auch das ersehnte Lithium in genügender Menge in dem Gestein vorhanden.

... waren wohl doch noch nicht unterwegs!

Galaxy Resources Limited (ASX:GXY) Exports Second Shipment of Spodumene to China

Perth, July 4, 2011 (ABN Newswire) - Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to announce it has exported a second shipment of spodumene product from its Mt Cattlin project to China.

Approximately 19,200 tonnes of spodumene was loaded on the MV Karine bulker at the Bunbury Port on 30 June 2011 bound for the Port of Zhangjiagang in the People's Republic of China.

Galaxy produces spodumene concentrate at its Mt Cattlin mine and plant near Ravensthorpe. Spodumene is converted into lithium carbonate, a key ingredient in lithium-ion batteries.

Galaxy Resources Managing Director, Iggy Tan, said the MV Karine was slightly delayed in arriving at the Bunbury Port, however it allowed Galaxy to increase the volume of its shipment by over 2,000 tonnes.

"Production at Mt Cattlin has continued to perform strongly, which allowed us to increase the volume of our second shipment. In the current market, the commercial value of the shipment is in excess of US$4.5 million," Mr Tan said.

http://www.abnnewswire.net/press/en/68197/Galaxy_Resources_L…

MfG, FaxenClown

[Pebbles]

Antwort auf Beitrag Nr.: 41.746.740 von FaxenClown am 05.07.11 23:12:35

Im Moment hält sich die Aktie aber auf dem Niveau. Ich bin gespannt wie es weiter geht. Das Risiko ist sicher hoch, dass man sich mit GXY die Finger verbrennt. Aber ich habe ja noch 10 davon

[hbg55]

Galaxy Resources Limited (ASX:GXY) Signs Partnership Deal with US Li Battery Producer


http://www.abnnewswire.net/press/en/68616/Galaxy_Resources_L…

[positiv_vibrations]

James Bay Spodumene Project - Definitive Feasibility Study

http://www.galaxylithium.com/documents/DocGXY-190JamesBayFea…

[Videomart]

Galaxy sells second shipment of Tantalum from Mt Cattlin

27 October 2011
http://www.asx.com.au/asxpdf/20111027/pdf/4221xvz09wl1mw.pdf

[schnaeggli]

Eine ziemlich bescheidene Mitteilung für eine so wichtige Sache (immerhin erst die 2. Ladung)

Pebbles:
Du kannst dich trösten, ich bin bei AUD 1.60 hier eingestiegen. Mein Verlust ist deutlich. Aber zum Glück kann ich mir's leisten und bleibe deshalb einfach drin.

Möglicherweise bin ich etwas naiv hier eingestiegen, denn die News und Einschätzungen waren immer positiv - nur der Kurs nicht.

Aber ich bin nach wie vor positiv eingestellt, dass der Kurs wieder in alte Höhen und noch weit darüber hinaus klettern wird.

Gruss
schnaeggli

[Pebbles]

Antwort auf Beitrag Nr.: 42.282.496 von schnaeggli am 31.10.11 21:13:17

Ich bin mit kleinem Verlust schon vor einiger Zeit bei Galaxy ausgestiegen.

Allerdings liege ich mit anderern Aktien auch nicht gerade im Plus.

Aber Galaxy beobachte ich weiter und es sieht ja rein charttechnisch doch so aus als würde sich um den jetzigen Kurs eine Stabilisierung bilden.

Dumm nur, dass der Austalische $ sehr stark ist und damit gerade die Minenwerte zu kämpfen haben, egal ob Lithium, Gold oder Kupfer.

Aber ich bin ebenfalls nicht so dringend auf Geld angewiesen und lasse einige Werte auch einfach laufen.

[nicolani]

ja hoffentlich habt ihr auch im tal der tränen fett nachgelegt, jetzt geht die post ja richtig ab!!

[Pebbles]

Antwort auf Beitrag Nr.: 42.344.962 von nicolani am 14.11.11 09:29:57

Bin leider ausgestigen, da mir das Risiko zu unwägbar wurde. Mal sehne wie es weiter geht. Solche Aktien sind hoch volatil und können in den kommenden Tagen auch wieder bergab gehen.

[nicolani]

Antwort auf Beitrag Nr.: 42.344.994 von Pebbles am 14.11.11 09:34:20

ja schade, dass du draussen bist, bei gxy glaube ich eher nicht, dass es nochmal so weit runter geht nach so einem gewaltigen anstieg innerhalb weniger handelstage und das mit sehr hohem volumen, schliesslich sind wir ja jetzt auch produzent und haben abnehmer!! hier müsstest du einfach einen starken rücksetzter zum einstieg nutzen, aber vielleicht gib's ja noch ein crash an den märkten allgemein!

[XIO]

Antwort auf Beitrag Nr.: 42.345.074 von nicolani am 14.11.11 09:47:36

super Volumen und Momentunm drinne.. ich denke, GXY läuft noch weiter!
Fundamental siehts soch auch gut aus.

[FaxenClown]

30/03/2012 Trading Halt
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?…

... ohne Nennung des Grundes - nur "Announcement"

Steht hier noch was offen? Bin nicht so im Thema.

MfG, FaxenClown

[Hans60]

Antwort auf Beitrag Nr.: 42.977.051 von FaxenClown am 30.03.12 02:29:09

Hallo FaxenClown, hier kannst Du es nachlesen
Galaxy and Lithium One Merger Arrangement Agreement
http://wotnews.com.au/announcement/Galaxy_Resources_-_Galaxy…
und hier
http://www.galaxyresources.com.au/
MfG. Hans

[FaxenClown]

Antwort auf Beitrag Nr.: 42.979.095 von Hans60 am 30.03.12 13:01:32

Danke für´s Einstellen!

[XIO]

Antwort auf Beitrag Nr.: 42.344.994 von Pebbles am 14.11.11 09:34:20

und das war Dein fehler

[nicolani]

sehe den merger erst mal sehr positiv, nur kann ich nicht glauben, dass der kurs sich jetzt weiter nach norden bewegt, am meisten wird wohl li in die karten gespielt, die machen doch den riesenschritt zum produzenten, nun gut wenn man sich die neue präsentation von gxy durchliesst könnte es auch anders kommen, aber genau hier liegt die krux, wie geht es denn weiter, mal sehen was nachher in downunder passiert, glaube aber nicht an weiteren kursverfall, also erstmal seitwärts...

[XIO]

http://www.theaustralian.com.au/business/mining-energy/galax…

Galaxy close to acquiring Canada's Lithium One for $108m

The takeover could be finalised late next month if shareholders of both companies approve it. Galaxy said that before then it would conduct a $50m equity raising to strengthen its balance sheet, cover merger costs, progress development plans and pursue other growth opportunities.

"In the event the takeover does not complete, Galaxy will use the residual funds to pursue acquisitions of other lithium-related properties," said Galaxy, which also owns the Mount Cattlin spodumene project 2km north of Ravensthorpe in WA.

The equity raising is expected to be done at 83c a share, a discount of 6 per cent to the 88.5c at which Galaxy shares closed on Friday.

[bmann025]

Zitat von nicolani: sehe den merger erst mal sehr positiv, nur kann ich nicht glauben, dass der kurs sich jetzt weiter nach norden bewegt, am meisten wird wohl li in die karten gespielt, die machen doch den riesenschritt zum produzenten, nun gut wenn man sich die neue präsentation von gxy durchliesst könnte es auch anders kommen, aber genau hier liegt die krux, wie geht es denn weiter, mal sehen was nachher in downunder passiert, glaube aber nicht an weiteren kursverfall, also erstmal seitwärts...

Die Lithium 1 Aktionaere maulen uebrigens noch mehr. Der Werte wurde Freitag mit ueber 10% Abschlag zum minimalen Uebernahmekurs gehandelt.

Indiz, dass das Angebot abgelehnt wird oder eine Tradingchance ?

[bmann025]

Frage in die Runde...

was haben die Bids und Ask heute bei Galaxy fuer eine Bedeutung, sind dies echte Order in Erwartung einer Handelsaufnahme, die ja dann heute nicht mehr stattfand ?

http://cb.iguana2.com/netwealth2/depth/gxy

[nicolani]

28.04.2012 aus mining.com

TER: What are some energy-related commodities that you expect to benefit from additional demand from the TIMBIs and CIVETS as this electrification theory takes hold?

CB: Many commodities will benefit, but lately I’ve been spending most of my time on lithium, graphite and uranium. Those are the three that immediately come to mind.

TER: What are some ideas in the lithium space that you’re following?

CB: Lithium is unloved right now, to say the least, and I think that investors probably took their focus off of lithium when the run-up in the rare earth elements (REE) stocks began. That said, lithium is still squarely in the crosshairs of research scientists looking for the next breakthroughs in battery technology. The lithium market today is an oligopoly in the sense that you have four primary producers. As such, there really only is room for the most promising juniors. Companies that I’m following in the lithium space include Talison Lithium Ltd. (TLH:TSX), Lithium One Inc. (LI:TSX.V), Western Lithium USA Corp. (WLC:TSX; WLCDF:OTCQX) and Rock Tech Lithium Inc. (RCK:TSX.V; RCKTF:OTCPK; RJIA:FSE).

Lithium One impresses me with solid management. This is a proven team of mine builders and they know how to raise money—two skills any junior must possess. The company also has a beautiful brine deposit in Argentina called Sal de Vida, which is adjacent to FMC Lithium Corporation’s (FMC:NYSE) Fenix property. A preliminary economic assessment (PEA) was completed on Sal De Vida in 2011 and confirms solid economics, which I think will allow Lithium One to ultimately compete with the established producers. The PEA demonstrated an operational expenditure of about $1,537/ton (t) lithium carbonate and $184/t potassium chloride. One of the main keys to success in the lithium space is the ability to produce byproducts because it lowers the overall cost of production. That is how an advanced exploration play such as Lithium One can compete. The company has also released an updated NI 43-101 resource estimate that increased tonnage by 30% and also increased the grade of the deposit by 10%. This was already a beautiful resource, and it continues to get better. As Lithium One will be producing potash as a byproduct, it has a ready customer in next-door neighbor Brazil—a country with a voracious appetite for fertilizer.

A final strength of Lithium One is its ability to strike strategic partnerships. The company has partnered with a Korean consortium to carry it to feasibility on Sal De Vida. Lithium One also has a hard-rock pegmatite project in James Bay, for which it has partnered with Galaxy Resources Ltd. (GXY:ASX). Given the expertise that Korean companies have demonstrated in lithium battery technology and many of the synergies that the Galaxy Lithium deal offers Lithium One, I am very confident that these partnerships will pay off for shareholders in the future. One final note, in the PEA the company produced on Sal De Vida, the annual revenue from potash sales is planned to exceed the operating expenses. This means the company will essentially produce lithium for free.

[nicolani]

wenn alles so stimmt, sieht es doch sehr gut aus, ich denke hier ensteht ein grossartiges unternehmen, von gxy war ich eh überzeugt!!

[nicolani]

nur li scheint nicht so recht mitspielen zu wollen, mal sehen was gxy morgen früh in DU macht!!

[anuschka70]

Und kann sich dann einer erklären, warum die Aktie gestern und heute so absackt?
lg

[nicolani]

an der börse passieren eben dinge, die man mit gesundem menschenverstand nicht erklären kann! aber es wird schon werden!!

[FaxenClown]

Zitat von anuschka70: Und kann sich dann einer erklären, warum die Aktie gestern und heute so absackt?
lg

... joa. Das kann ich mir mit dem Blick in den Briefkasten von meinem Broker schon recht gut erklären:

Sehr geehrter Herr ???,
die Gesellschaft bietet zu nachstehenden Bedingungen eine
Vorzugszeichnung an:

WKN bezogener Titel: A0LF83
Bezugspreis: 0,77 AUD
Bezugsverhältnis: unbekannt
Bezugsfrist: 12.04.2012 - 23.04.2012

Bemerkung: max. ist ein Bezug im Gegenwert von 15000 AUD möglich
Mit erteilter Weisung bestätigen Sie, dass Sie nicht gegen die
eventuell vorliegenden Restriktionen der Gesellschaft verstoßen.

Mit der Abgabe einer Weisung stimmen Sie gleichzeitig der Übermittlung
folgender Daten an die Gesellschaft zu: Name, Adresse, Anzahl Stücke
im Bestand

Bitte erteilen sie Ihre Weisung spätestens bis zum 17.04.2012.
Später erteilte Weisungen können nicht mehr berücksichtigt werden.

... also ist doch recht klar, dass der Kurs (in AUD) erstmal auf 0,77 oder knapp drunter absackt. Oder?

MfG, FaxenClown

[westfalica]

Mir ist nicht ganz klar, worin der Vorteil der Vorzugszeichnung sein soll wenn der aktuelle Kurs darunter liegt ??

Bin für eine Antwort dankbar.

Gruss
Westfalica

[nicolani]

NEW YORK, NY--(Marketwire -04/18/12)- HiAlpha™ Events is pleased to announce David S. Reed, Senior Energy Advisor for the Corporate Strategic Planning Department of Exxon Mobil Corporation (NYSE: XOM - News) as the keynote speaker for the HiAlpha™ Energy Investment Conference. His presentation will be on "The Outlook for Energy: A View to 2040."

This complimentary event will take place on Wednesday, April 25, 2012 from 8:00 AM - 6:00 PM at the Roosevelt Hotel in New York City and will feature a diverse selection of publically listed companies engaged in the energy sector, one-on-one meetings with senior management and panel discussions on the latest developments in Oil & Gas, Lithium, Nuclear Energy and Renewable Energy.

Industry leaders will be discussing topics such as: High and Rising Oil Prices: The World of Opportunities That Has Opened Up, Energizing America: Facts for Addressing Energy Policy, CleanTech Trends and Prospects for Further Growth, Nuclear Energy 2012: Setting a New Agenda and The Recent North American Hydrocarbon Supply Revolution and Its Economic Implications.

Presenting companies include Petrobras (NYSE: PZE - News), Alterra Power Corporation (TSX: AXY.TO - News), Breitling Royalty Funds, Critical Elements Corporation (TSX: CRE.V - News) (OTCQX: CRECF.PK - News), Galaxy Resources (ASX: GXY.AX - News), Greenfields Petroleum Corporation (TSX-V: GNF.V - News), International Petroleum Limited (NSX: IOP) (OTCQX: ITPLY.PK - News), Lithium Americas (TSX: LAC.TO - News) (OTCQX: LHMAF.PK - News), Mart Resources Inc. (TSX-V: MMT.V - News), Po Valley Energy (ASX: PVE.AX - News), Ur-Energy (TSX: URE.TO - News) (AMEX: URG - News), UXA Resources Limited (ASX: UXA.AX - News), WesternZagros (TSX-V: WZR.V - News) and many more.

Featured Speakers include Dr. John Felmy, Chief Economist, American Petroleum Institute; Daniel P. Ahn, Senior Economist, Citigroup, Inc. (NYSE:C - News); Amy Corinne Smith, Head of Global CleanTech, Jefferies & Company (NYSE: JEF - News); Jan Stuart, Head of Global Energy Research, Credit Suisse (NYSE: CS - News) and Richard J. Myers, Vice President, Nuclear Energy Institute. To view the conference agenda and to register, visit http://hialphaevents.com/Energy/index.php.

[Barkmann]

Guten Abend,

ich beobachte GXY auch schon eine Weile und bin der Ansicht, dass hier etwas Grosses entsteht. Änhlich wie bei Canada Lithium, die auch in absehbarer Zeit mit der Produktion beginnen, bringt gerade die eigene Produktion des Li-Carbonats den ersehnten Umsatz und den Cashflow. Dies wird deutlich, wenn man z.B. Talison (TLH) zum Vergleich heranzieht. Der Verkaufspreis des von TLH erzeugten Li-Konzentrats liegt bei etwa 300 $/t, der Verkaufspreis für das Li-Karbonat von GXY liegt bei etwa 6.000 $/t (99,5% Reinheit) bis 15.000 $/t (99,99% Reinheit).
Sollten die von GXY prognostizierten Zahlen halbwegs stimmen und sollte GXY sein Carbonat auch tatsächlich loswerden, wird GXY mehr Umsatz und auch mehr Gewinn als TLH generieren. Und TLH ist deutlich höher bewertet als GXY.
Vor meinem Einstieg bei GXY werde ich jedoch noch abwarten, wie die geplante Übernahme von Li1 abläuft.

Gruß
Barkmann

[suffkopf]

faxe sieht wirklich gut aus !!

[nicolani]

A123 Systems Inc. (AONE) (AONE), a U.S. maker of electric-car batteries, has developed an improved version of its lithium-ion cells that the company says can cut costs of rechargeable and hybrid vehicles. Its shares rose as much as 18 percent after the announcement.

The “nanophosphate EXT” cells will be produced next year and can be used longer and operate more efficiently in extremely high and low temperatures than competing lithium-ion packs, the company said today. That reduces the need for systems in electric cars to maintain a consistent battery temperature, said David Vieau, A123’s chief executive officer.

“That will eliminate weight, cost, technical complexity,” Vieau said in a phone interview before today’s announcement. “That doesn’t solve all the cost issues but it’s a step in the right direction.”

A123 wants to boost demand for its batteries that are also used in utility grids, telecommunications systems and power tools after forecasting in a May regulatory filing several quarters of “significant” losses that raise “substantial doubt on the company’s ability to continue as a going concern.” In March, the company said it would spend $55 million replacing batteries in Fisker Automotive Inc.’s plug-in Karma sedan, the result of flaws at its Livonia, Michigan, plant.

The company rose 14 percent to $1.19 at 10:32 a.m. in New York, after earlier reaching $1.23. Shares tumbled 35 percent this year through yesterday and had dropped 92 percent since an initial public offering in September 2009, when investors expected A123 to benefit from Obama administration efforts to create a market for rechargeable autos.

A123 in August 2009 was awarded $249 million in federal stimulus grants to produce batteries in Michigan.
‘Significant Changes’

The company, with investors (AONE) including General Electric Co. (GE) (GE) and Japanese heavy machinery maker IHI Corp. (7013), has been developing the new cells for several years, Vieau said. Since its March announcement, Waltham, Massachusetts-based A123 has also revamped factory operations, he said.

“We did not do a good job in the last 15 months in our Michigan facility on our cell ramp-up and it’s cost us dearly,” he said. “We’ve gone through significant changes in personnel and procedures, and we’ve brought the plant up much more slowly this year and we’re confident.”

The new lithium-ion cells can be produced at a cost similar to A123’s current nanophosphate chemistry, he said, without elaborating. The company declined to say how much it charges automakers for its battery packs.
A123’s Competition

The performance of the new cell chemistry was validated against competitors by Ohio State University’s Center for Automotive Research, said Yann Guezennec, who led the review.

“The technology is clearly a game changer,” Guezennec said in an e-mail.

A123 has to compete on cost and quality with larger, more experienced battery makers, including Japan’s Panasonic Corp. (6752)’s Sanyo Electric, Hitachi Ltd. and GS Yuasa Corp. (6674) and South Korea’s LG Chem Ltd. (051910) and Samsung Electronics Co., said Menahem Anderman, president of Total Battery Consulting Inc., in Oregon House, California.

A123’s ability to make the new cells efficiently is essential because manufacturing is where the company has failed, he said.

“If it can be reproduced in high volume without affecting the cost, it could certainly be significant,” Anderman said.

Compared with its Japanese and Korean counterparts, the U.S. company is “far from competitive in manufacturing,” he said.

In addition to Fisker, A123 supplies batteries for General Motors Co.’s Spark electric car; Bayerische Motoren Werke AG (BMW)’s BMW 5 Series hybrid sedan; rechargeable and hybrid cars from China’s SAIC Motor Corp. (600104); buses made by Daimler AG (DAI) and Volvo AB (VOLVB); and delivery trucks built by Smith Electric Vehicles Corp. (SMTH) (SMTH)
Reassuring Automakers

Along with regaining investor confidence, A123 and other lithium-ion cell companies are seeking to reassure automakers they can deliver batteries with promised quality and cost levels.

“We do get exposed to a lot of the upcoming advancements in battery technology,” Elon Musk, co-founder and chief executive officer of Tesla Motors Inc. (TSLA) (TSLA), said June 6 at the electric-car maker’s shareholder meeting in Mountain View, California.

Tesla, which begins delivering its battery-powered Model S sedan on June 22, isn’t an A123 customer.

“There are few industries with more BS than the battery industry,” Musk said of battery makers, without elaborating. “It’s quite remarkable.”

[Kongo-Otto]

Watchlist.

[nicolani]

IPad Boom Strains Lithium Supplies After Prices Triple
By Jesse Riseborough - Jun 20, 2012 5:59 PM

Investors from JPMorgan Chase & Co. to BlackRock Inc. are trying to make money from the exploding popularity of iPads and increasing sales of hybrid cars by investing in producers of lithium for batteries.

Prices for the conductive metal, the lightest in the periodic table, have tripled since 2000 in a market now worth $1 billion a year as uses expand in vehicles, ceramics, electronics and lubricants. Apple Inc. (AAPL) and Toyota Motor Corp. (7203), maker of the Prius electric-gasoline car, have few alternatives as they pursue higher performance and mobility, leading Dahlman Rose & Co. analysts to forecast lithium demand will double by 2020.

Enlarge image Ipad Boom Strains Lithium Supplies as Prices Triple Brent Lewin/Bloomberg
"One can claim that without lithium, the whole mobile technology would not have been possible,"Rockwood’s Ghasemi told a Deutsche Bank AG conference June 13.

"One can claim that without lithium, the whole mobile technology would not have been possible,"Rockwood’s Ghasemi told a Deutsche Bank AG conference June 13. Photographer: Brent Lewin/Bloomberg
Play Video
QJune 19 (Bloomberg) -- Evy Hambro, portfolio manager of BlackRock Inc.’s World Mining Fund, talks about the outlook for investing in commodities and the dividends paid by gold producers. He speaks with Francine Lacqua on Bloomberg Television's "On the Move." (Source: Bloomberg)
Enlarge image IPad Boom Strains Lithium Supplies as Prices Triple David Paul Morris/Bloomberg
An Apple employee fills an order for an iPad at an Apple store in San Francisco.

An Apple employee fills an order for an iPad at an Apple store in San Francisco. Photographer: David Paul Morris/Bloomberg
Enlarge image Ipad Boom Strains Lithium Supplies as Prices Triple Ian Waldie/Bloomberg

Talison Lithium Ltd. (TLH), whose shares had gained 22 percent in the month before today, together with Soc. Quimica & Minera de Chile SA, Rockwood Holdings Inc. and FMC Corp. (FMC), account for almost 95 percent of world supply. Rio Tinto Group (RIO), the third- biggest mining company, may join the largest suppliers if it goes ahead with a mine in Serbia it says is capable of producing 20 percent of global output of the metal.

“There are some companies now that we think are attractive to get a hold of lithium exposure,” Evy Hambro, who manages about $13 billion in mining stocks for BlackRock in London, said in an interview. “We’ve got a small exposure today and we’re looking for some more,” he said without naming any companies.

Demand for lithium-ion rechargeable batteries out of Asia has helped prices climb threefold in the last 12 years, London- based Roskill Information Services Ltd. analyst Robert Baylis said. Global use doubled from 2000 to 2011 according to Roskill, which has recently consulted on six lithium projects.

Lithium Oligopoly
The advantage of lithium-ion over other battery types is that a typical cell can generate more electricity than competing cells such as lead-acid. There is about 1.7 grams (0.6 ounce) of lithium carbonate equivalent in a mobile phone, 2.1 grams in a smart phone and 20 grams in a tablet, according to Dahlman Rose.

There will be a “step change” in the global lithium industry in 2016 or 2017 when electric cars became more commonplace, Rockwood (ROC) Chief Executive Officer Seifollah Ghasemi said. Hybrid electric vehicles that are fitted with a lithium- ion battery contain about 1.3 kilograms (2.9 pounds) of the material, plug-in hybrid electric vehicles have about 12.8 kilograms, while an electric vehicle uses about 19.2 kilograms.

The four-strong lithium “oligopoly has the capacity to significantly ramp supply higher, but it will take time and significant capital to accomplish,” Dahlman Rose analysts Anthony Young and Anthony Rizzuto said in a May 16th report. “There are a limited number of known high-grade resources that can be economically extracted and there has not been a new lithium mine constructed in the last 25 years.”

Biggest Producer
Global consumption may jump to 300,000 metric tons a year by 2020 from about 150,000 tons now, Dahlman Rose said June 7. Demand for lithium batteries has been growing at about 25 percent a year, outpacing the 4 percent to 5 percent overall gain in lithium, the firm said.

“Anywhere between a doubling and a tripling of demand in the next 10 years is absolutely our view,” Peter Oliver, CEO of Talison, the biggest producer, said in an interview. “Maybe a doubling is with minimal impact from electric vehicles, and if electric vehicles take off in a big way in the next 10 years it could be as much as tripling.”

Neil Gregson, manager of about $6.9 billion in natural resource assets at JPMorgan Asset Management, said in an interview in London he’s studying investing in the industry. “You can’t see any reason why that won’t be a high growth market for many, many years. It’s a very interesting area.”

Ponce, Kravis
Rio is researching the development of its Jadar lithium- boron operation at a time when other suppliers are expanding output to meet rising demand. Talison, the Perth-based company with a market share of about 32 percent, completed an expansion at its Greenbushes mine in Western Australia this month that has allowed it to double production capacity.

SQM, controlled by billionaire Julio Ponce, is the second- largest, followed by Rockwood, which is backed by Henry Kravis’s KKR & Co., and Philadelphia-based FMC. SQM stock has risen 2.1 percent this year, Rockwood 17 percent and FMC 20 percent. Talison rose as much as 12 percent today in Toronto, the biggest intraday gain in more than three months.

Chile, the second-biggest producing country behind Australia, last week said it will award 20-year concessions to exploit lithium brine in salt lakes. The plan allows developers to mine as much as 100,000 metric tons of the mineral over two decades, said Pablo Wagner, a government undersecretary.

Rio’s Jadar project is in pre-feasibility, which involves conducting studies to better understand the parameters of the deposit and any social and environmental impacts, the company said in an e-mailed response to questions.

Rio ‘Excited’
Lithium is “going to be so critical to that future world of electric vehicles and hybrids,” Tom Albanese, CEO of Rio Tinto, said April 19 in London. “We’ve got a lot of interest from Japanese companies, from Korean companies that actually want to be in the forefront of hybrid and lithium technologies, so I’m actually pretty excited about the project.”

Toyota’s Prius, a niche vehicle when it went on sale 15 years ago, jumped to the world’s third best-selling car line in the first quarter as U.S. demand and incentives in Japan turned the hybrid into a mainstream hit. In the quarter, sales soared to 247,230 cars. While most Priuses sold so far feature a nickel-metal hydride battery pack, the latest model plug-in hybrid contains a lithium-ion battery supplied by Panasonic Corp.

“It’s less than 1 percent of the market now,” Talison’s Oliver said of lithium’s use in batteries for electric vehicles. “We do tend to try and portray a fairly conservative view, but if some of these new technologies take off, it’s going to be a very exciting time for us.”

Tablet Computers
Since the start of Prius sales in Japan in 1997, Toyota has sold 4 million hybrid-electric vehicles worldwide, including 1.5 million in the U.S., the company said May 22.

The global market for tablet computers is growing faster than expected, with Apple’s iPad widening its lead as consumers’ top choice, market researcher International Data Corp. said June. 14. Worldwide shipments of tablets this year will be 107.4 million units, up from an earlier projection of 106.1 million, Framingham, Massachusetts-based IDC said.

Worldwide shipments of tablets should reach 142.8 million next year and 222.1 million by 2016, according to IDC.

“One can claim that without lithium, the whole mobile technology would not have been possible,” Rockwood’s Ghasemi told a Deutsche Bank AG conference June 13. “You use the product every single day.”

Golden Goose
Battery-maker A123 Systems Inc. (AONE) rose 52 percent in New York trading on June 12 after saying it had developed an improved lithium-ion cell that can cut costs of rechargeable and hybrid vehicles. The new cells will be produced next year and can perform better in extreme heat and cold than competing packs, it said.

Expanding battery sales to automakers is seen as the “golden goose” for the lithium industry, according to Roskill, and has spurred new entrants such as Galaxy Resources Ltd. and underpinned expansions by existing producers. Lithium-ion batteries are the biggest application for the material, accounting for about 22 percent of use.

“This is an industry which is consumer led,” Iggy Tan, managing director of Australia’s Galaxy, which made the first sale of a lithium product last month, said in an interview from Perth. “Once it takes off it’s a bit like mobile phones, it’s exponential.”

Plug-in Sedans
A123 supplies batteries for General Motors Co. (GM)’s Spark electric car, Bayerische Motoren Werke AG’s BMW 5 Series hybrid sedan, rechargeable and hybrid cars from China’s SAIC Motor Corp. (600104), buses made by Daimler AG and Volvo AB, and delivery trucks built by Smith Electric Vehicles Corp.

General Motors’ Chevrolet Volt was the best-selling rechargeable auto in the U.S. in May, topping the Prius and Nissan Motor Co.’s all-electric Leaf hatchback. Deliveries of the GM plug-in sedan more than tripled in the month.

Suppliers of lithium have benefited as some car-makers switch from older model nickel-cadmium batteries to lithium-ion.

“It’s really a new technology and it’s taken some time to take hold,” Jonathan Lee, a battery materials and technologies analyst at Byron Capital Markets in Toronto, said in an interview. “Everything is going to lithium-ion whether or not it was nickel-cadmium in the beginning or not.”

Rockwood on May 14 proposed a price increase of $1,000 a ton, or about 22 percent, for lithium salt sold to customers in the year starting July 1. It said the higher price would allow it to fund expansion of its mines. Talison’s Oliver said he raised prices 15 percent in the first half and expects to increase prices again in the second half.

Hockey Stick
SQM, based in Santiago, said May 30 that sales from its lithium unit rose 12 percent in the first quarter to $47.5 million after prices gained 16 percent. Prices for lithium peaked in 2007 before declining through to 2010, according to Roskill.

Galaxy, which sells to customers including Japan’s Mitsubishi Corp. (8058), is positioning itself for what Tan describes as potential “hockey stick-shaped” growth in demand for lithium batteries. It has built a A$100 million ($102 million) lithium carbonate plant in China to better serve Asian customers and made the first sale from the operation last month.

Galaxy is seeking to complete an all-share takeover of Lithium One Inc. (LI) valuing it at about C$112 million ($110 million) to add the Sal de Vida project in Argentina.

“The outlook for lithium is very strong in light of some of the uncertainty of other metals such as copper and many of the industrial metals,” Byron Capital’s Lee said. “Lithium has grown roughly at 10 to 15 percent over the past two years on a per-annum basis. We’re having another strong year this year.”

To contact the reporter on this story: Jesse Riseborough in London at [e-mail]

[nicolani]

morgen könnte es hoch gehen, tlh ist gerade übernommen worden mit 50% aufschlag, jetzt sind wir neben den grossen nur noch einer, mein geld aus tlh geht gleich heute nacht in gxy!!

[XIO]

Antwort auf Beitrag Nr.: 43.526.765 von nicolani am 23.08.12 19:07:35

[nicolani]

Antwort auf Beitrag Nr.: 43.529.621 von XIO am 24.08.12 13:45:36

na geht doch!! immerhin könnte es der anfang sein, zumindest sind wir auf dem radar von grossen produzenten, weil einzig und allein!!

[nicolani]

Galaxy outlines development strategy for Sal de VidaCanada NewsWire
PERTH, Australia, Aug. 27, 2012

Highlights

•Plans to develop Sal de Vida lithium project ahead of anticipated rapid demand growth for lithium carbonate

•Sal de Vida expected to become next flagship development for Galaxy

•Sal de Vida offers geographical, process and cost base diversification

•Potential production 25,000 tpa battery grade lithium carbonate, taking total Galaxy output to 42,000 tpa

•Potential production 107,000 tpa of potash by-product

•Project NPV US$1.07 billion, generating net pre-tax cash flow of US$139 million per annum

•Galaxy to capitalise on growth in lithium-ion battery sector, driven by consumer demand

•Lithium demand being driven by increase in utilisation and size of lithium-ion batteries

•Investment decision on Sal de Vida to be made once Jiangsu Lithium Carbonate Plant is cash flow positive
PERTH, Australia, Aug. 27, 2012 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") is pleased to outline the development strategy for its Sal de Vida lithium and potash brine project ("Sal de Vida" or "the Project") in Argentina.

Galaxy acquired a 70% stake in the highly prospective Sal de Vida project following its recent merger with Lithium One Inc. Sal de Vida offers Galaxy geographical, process and cost base diversification from its existing assets in Australia and China. Its favourable brine chemistry and prime location mean it is expected to become Galaxy's next flagship asset.

Meeting Potential Lithium Demand
Galaxy's plans for Sal de Vida include development of a mine and battery grade lithium carbonate plant. The Company's preference is to advance Sal de Vida's development to be prepared ahead of anticipated spikes in demand for lithium carbonate, as demand for lithium-ion batteries for electronics, electric vehicles and battery storage grows.

The lithium battery sector continues to be consumer driven and, in the last few years, has experienced consistent growth of around 20-25% per annum. The utilisation of lithium-ion batteries continues to grow and, significantly, the size of lithium-ion batteries is also increasing to fit larger electric vehicles and energy storage units. For example, the amount of lithium carbonate in one electric car is in the region of 3,000 times more than that of a laptop lithium-ion battery.

While lithium carbonate prices are already increasing, Galaxy forecasts exponential growth (a 'hockey stick' growth profile) in lithium demand in the next five years, driven by the lithium-ion battery sector. The lithium battery industry today is worth US$11 billion and expected to grow to US$43 billion by 2020. Consequently, lithium carbonate feedstock demand is also expected to increase 2-3 times by the end of the current decade.

Galaxy also recognises that development lead times on lithium mines and projects can be in the vicinity of 4-5 years. Galaxy therefore needs to advance the development of Sal de Vida to be positioned and ready for the anticipated demand growth. This timeframe would allow Galaxy to fully benefit from the potential demand and lock in long term offtake contracts.

Galaxy believes that those lithium companies with operating projects in place in anticipation of this potential demand will be in the best position to benefit.

Galaxy Managing Director Iggy Tan said: "We see very strong growth ahead in the lithium sector and want to develop Sal de Vida in anticipation of that forecast demand. The Company's diversification strategy has been to acquire and develop both hard rock and brine lithium operating assets in various geographies. The recently-announced acquisition of Talison Lithium (a hard rock concentrate producer) by Rockwood Lithium (a brine based lithium chemical producer) for C$724 million, vindicates our strategy and our view of the long term growth in this market."

Galaxy's Jiangsu Lithium Carbonate Plant ("Jiangsu") is currently in production and, with a design rate of 17,000 tpa, will make Galaxy the largest producer of battery grade lithium carbonate in the Asia Pacific region.

Galaxy has representation in the world's top three lithium battery producing countries - China, Japan and Korea ('Lithium Battery Producing Triangle'). Galaxy's global partners include the top 13 cathode producers in China, Mitsubishi Corporation (Japan), Korean Resources Corporation (Korea), LG International (Korea) and GS Caltex (Korea).

Mr Tan added that the Company will not make a final investment decision on Sal de Vida until the Jiangsu Plant achieves positive cash flow.

"Jiangsu will need to reach the point of being consistently cash flow positive and on a sustainable basis prior to full scale commitment to Sal de Vida development. The Company's upmost priority is to ramp-up the Jiangsu Plant, but the background work for the Sal de Vida needs to happen in parallel. It is a very important development for the Company."

Sal de Vida Flagship Asset

Galaxy spent a number of years looking for a high quality, undeveloped lithium brine project with the aim of adding extra lithium resources and lithium carbonate capabilities to its asset portfolio in anticipation of growing lithium demand.

Sal de Vida's potential production profile is 25,000 tpa of battery grade lithium carbonate and 107,000 tpa of potash (KCl) by-product for the fertiliser industry. In addition to the 17,000 tpa design capacity of Jiangsu, Galaxy would produce 42,000 tonnes of lithium carbonate per annum from 2017 onwards.

The Sal de Vida brine chemistry is highly favourable, with high levels of lithium and potash, and low levels of magnesium and sulphate impurities.

Sal de Vida is situated in the renowned 'lithium triangle' at the meeting point of Argentina, Chile and Bolivia. It is located adjacent to FMC Lithium's El Fenix lithium operation in the Salar del Hombre Muerto, which has been in operation for the last 15 years.

The Sal de Vida Pre-Feasibility Study ("PFS") completed in October 2011 estimated a net present value for the project of US$1.07 billion. The average operating cost was estimated at US$1,537 per tonne of finished lithium carbonate, generating a net pre-tax cash flow of US$139 million per annum.

Galaxy hopes to advance the development of Sal de Vida, employing some of the same processes and technologies it used to design and construct the Jiangsu Plant.

Galaxy is completing a Definitive Feasibility Study ("DFS") on the Sal de Vida project and will update the market on its progress in due course.

[nicolani]

Furthermore, on August 23, 2012, Australian hard-rock lithium producer Talison Lithium became the target of a takeover bid by Rockwood Holdings, a major lithium carbonate producer (brine deposit) operating in South America. A consolidation of the lithium market appears to be developing, with takeovers by major lithium carbonate producers, which is a clear indication of the drive to secure high-quality lithium carbonate supply for the emerging battery market.

"The Talison Lithium takeover announced on August 23, 2012, for cash consideration of $6.50 per share. This values the equity of Talison at approximately $724-million on a fully diluted basis shows once again that we are seeing a major industrial revolution, with the adoption of a technology that is increasingly powerful at lower and lower prices. More than ever, the major players in the battery industry are looKing to secure long-term supply. With its Rose lithium-Tantalum project, Critical Elements Corporation is well positioned to become a major producer of battery-grade lithium carbonate and tantaluM. Furthermore, on August 5, 2012, Galaxy Lithium published an increase in the lithium carbonate price in China, which now stand at $7,000 per tonne for battery-grade lithium carbonate, $1,000 higher than the price used in the financial model in the Company's preliminary economic assessment dated November 21, 2011," said Jean-Sébastien Lavallée, President and Chief Executive Officer.

[German2]

so, ab jetzt sollte die bude endlich steigen.. wenn die Ramp-up-Phase durch ist sehen wir hier ganz andere Kurse..die jetztige marketcap denkt nicht mal das Projekt in Argentinien ab... NPV 1Mrd$ ...was für ein Schnäppchen .. was der merkt sehen will ist Cashflow und der wird kommen..danach beginnt man mit der Umsetzung des brine-Projektes hoffentl mit wenig verwässerung, aber da bin ich optimistisch weil die Partner sich um die Finanzierung kümmern müssen... Kursziele erstmal 1AUD , später 1.50-2 AUD ...

[Hans60]

---- Webseite des Unternehmens ---- Aktienkurs u. Chart ( OnVista ) ---- ADVFN
________________________________________________________________________________________________

Galaxy Resources reicht Beurteilung der möglichen Umweltauswirkungen ein
( Zusammenfassung - frei übersetzt - ohne Gewähr )

Perth, (ABN Newswire) - Lithium Produzent Galaxy Resources Limited gibt bekannt, dass das Umwelt-und Social Impact Statement ("EIS") für sein Sal de Vida Lithium und Kali Sole Projekt in Argentinien eingereicht wurde. Der EIS wurde bei den Umweltbehörden von Salta und Catamarca eingereicht, da das Projekt beide provinzielle Grenzen überspannt .

Das Projekt beinhaltet den Bau von Verdunstungsflächen über ein 20 Quadratkilometer großes Gebiet im nördlichen Becken der Salzpfanne. Das Kernstück des Projekts beinhaltet eine Lithiumcarbonat Füllungs- und Reinigungsanlage zur Herstellung von Lithiumcarbonat. Eine separates Kaliwerk zur Herstellung von Düngemittel (Kaliumchlorid) ist ebenfalls geplant.

Galaxy hält einen Anteil von 70% in Sal de Vida, nach einer Fusion mit Lithium One Inc. in diesem Jahr. Es ist ein sehr aussichtsreiches Sole-Projekt, das Unternehmen glaubt, es wird sein nächstes Asset - Flaggschiff . Die ökologischen und sozialen Auswirkungen des Projekts werden sehr gering erwartet aufgrund der minimalen lokalen Bevölkerung und minimale Flora und Fauna. Die nächstgelegene Siedlung zu den künftigen Anlagen für das Projekt ist Cienega Redonda (Catamarca) sie ist 20 Kilometer entfernt und hat 35 ständige Wohnsitze.

Das Produktionspotenzial von Sal de Vida liegt bei 25.000 Tonnen pro Jahr (tpa) von Batterie- Lithiumcarbonat und 107.000 tpa Kali, die für die Düngemittel-Industrie hergestellt werden können. Die Sal de Vida Sole Chemie ist sehr günstig, mit einem hohen Grad von Lithium und Kali und mit einem niedrigen Niveau von Magnesium und Sulfat Verunreinigungen.

Die Sal de Vida Pre-Feasibility Study ("PFS") ist im Oktober 2011 abgeschlossen worden und hat einen geschätzten Nettobarwert für das Projekt von US $ 1.07 Milliarden. Die durchschnittlichen Betriebskosten wurden auf US $ 1.537 pro Tonne fertigen Lithiumcarbonat geschätzt, was einen Nettogewinn vor Steuern von US $ 139 Millionen pro Jahr ergibt.
.
Den vollständigen Bericht in englischer Ausführung finden Sie zu Ihrer Information unter :
http://www.abnnewswire.net/press/en/73606/Galaxy_Resources_L…
_______________________________________________________________________________________________

Galaxy Resources ( ASX : GXY )

_______________________________________________________________________________________________

[nicolani]

Galaxy to use purification technology at Sal De Vida
Back to releases headlines
Galaxy to use purification technology at Sal De VidaCanada NewsWire
PERTH, WESTERN AUSTRALIA, Sept. 23, 2012


Highlights


•Galaxy to use patented purification technology to produce battery grade lithium carbonate at Sal de Vida

•Technology successfully proven at Jiangsu Lithium Carbonate Plant, China

•Battery grade lithium carbonate commands significant price premium versus technical grade

•Technology application included within DFS models and flow sheets

•Galaxy will be the first company in the South American lithium space to produce battery grade product
from the salar site

PERTH, WESTERN AUSTRALIA, Sept. 23, 2012 /CNW Telbec/ - Lithium producer Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") advises it is to utilise its own patented purification technology at the recently acquired Sal de Vida lithium and potash brine project ("Sal de Vida" or "the Project") in Argentina to produce battery grade lithium carbonate.

The purification technology is used to upgrade lithium carbonate's purity to 'battery grade' (99.5% purity, or above) meaning it can be used by battery cathode producers for the manufacture of lithium-ion batteries. Because of its high value application, battery grade lithium carbonate receives a significant price premium to more common technical grades.

Galaxy developed and patented the purification technology in 2010 and has successfully proven the technology at its wholly-owned Jiangsu Lithium Carbonate Plant ("Jiangsu Plant" or "Jiangsu") in China. Jiangsu's lithium carbonate met all battery grade specifications in July 2012 and initial sales of battery grade lithium carbonate have commenced.

Galaxy plans to develop a battery grade lithium carbonate plant at the recently acquired Sal de Vida site, which will mirror the purification plant design at Jiangsu. Galaxy's purification technology is designed to be applied to either hard rock or brine based lithium carbonate production processes. A Definitive Feasibility Study currently underway on Sal de Vida will incorporate utilisation of the purification technology in its flow sheet.

Galaxy Managing Director Iggy Tan said Galaxy's technology will enable it to become the first lithium company in South America to produce battery grade lithium carbonate directly from the salar site.

"Currently, South American brine lithium producers have to upgrade their lithium carbonate to battery grade standard by sending the product off site or overseas. Using our purification technology, Galaxy will be the first company in South America to produce battery grade lithium carbonate product direct from a brine salar operation.

"We see the biggest future lithium demand coming from the lithium-ion battery sector. We believe we are already achieving one of the best quality battery grade products available in the market today," Mr Tan said.

The high quality Sal de Vida project is expected to become Galaxy's next flagship asset. Sal de Vida's potential production profile is 25,000 tpa of battery grade lithium carbonate, which would take Galaxy's annual lithium carbonate production to 42,000 tpa from 2016 onwards. Galaxy is continuing work on the development of Sal de Vida, although a final investment decision won't be made by the Galaxy Board until the Jiangsu Plant is generating positive cash flows on a sustained basis, expected Q1 2013.

Galaxy recently added number of lithium industry experts to its Sal de Vida team, including lithium industry veteran Dr Vijay Mehta, whose expertise is in the brine processing using solar energy and the production of high purity (battery grade) lithium carbonate, lithium hydroxide and anhydrous lithium chloride.

As Galaxy's senior technical advisor on the Sal De Vida project, Dr Mehta believes the purification technology developed by Galaxy for its China plant has successfully produced one of the best grade lithium carbonate products on the global market to date.

According to Dr. Mehta, Galaxy's lithium carbonate purification technology is able to be adapted to Sal de Vida's brine based lithium carbonate process. Galaxy expects to produce the best quality grade lithium carbonate directly from the salar operation.

[Mathelehrer]

Antwort auf Beitrag Nr.: 43.637.899 von nicolani am 24.09.12 11:39:28

Trading halt für 2 Tage max.
ML

[nicolani]

der sehr guten meldung nach zu urteilen, denke ich steht eine KE an, um die expansion zu finanzieren und schnell auf den weg zu bringen, hoffentlich keine übernahme!!

[Mathelehrer]

Antwort auf Beitrag Nr.: 43.779.826 von nicolani am 02.11.12 15:38:03

Nachdem was ich gelesen habe auf asx, ist es eine KE ...
Grüsse, ML

[PrinzFL]

Trading Halt auch für Orocobre! Zufall?

[Hans60]

Webseite OnVista ADVFN



05.11.12
GALAXY -- Kapitalerhöhung

 Kapitalerhöhung um A $ 81 Millionen (vor Kosten) über Aktienplatzierung an M & G Investments und Chinas ECE
 Platzierung von 162,4 Mio. Stammaktien zu A $ 0,50 pro Aktie, bei einem 2% igen Aufschlag der letzten 5 Tage bis einschließlich 31. Oktober 2012
 Erlöse werden verwendet, um Schulden zu reduzieren, einschließlich fälligen Lithium One Wandelanleihen, zusätzliches Arbeitskapital und Entwicklung von Sal de Vida
 Sal de Vida kann aus diesen Erlösen finanziert werden - vorausgesetzt, einer positiven DFS und Investitionsentscheidung.

Den vollständigen Bericht in englischer Ausführung finden Sie zu Ihrer Information unter :
PDF - Datei http://www.galaxyresources.com.au/documents/DocGXY260-Galaxy…

Galaxy Resources ( ASX : GXY )


.

[nicolani]

Galaxy Finance UpdatePERTH, Australia, Nov. 9, 2012 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") is pleased to announce that the company has successfully issued 30 million million fully paid ordinary shares at a price of A$0.50 per share raising A$15 million to cornerstone investor M&G Investments ("M&G"), who manages the Vanguard Precious Metals and Mining Fund as announced on 5 November 2012.

Galaxy is to raise A$81 million (before costs) via an equity placement ("Placement") to M&G ("Tranche 1") and China's ECE ("Tranche 2").

A revised indicative timetable for the Placement is as follows:

Item Timing
Issue of Tranche 1 shares - Completed 7 November 2012
Notice of Meeting for EGM dispatched 14 December 2012
Shareholder approval at EGM of Tranche 2 16 January 2013
Issue of Tranche 2 shares Late January 2013


The Company has also redeemed 9 Convertible Notes with a combined value of C$5 million with various note holders arising from the successful merger between Galaxy and Lithium One on 4 July 2012.

[nicolani]

Galaxy Jiangsu Update
Back to releases headlines
Galaxy Jiangsu UpdateCanada NewsWire
PERTH, Australia, Nov. 13, 2012

Highlights

•Jiangsu Plant October lithium carbonate production 428 tonnes, up 50% vs September

•Total sales for October 273 tonnes, recorded revenue of A$1.7 million (RMB 11.2 million)1.

•Battery grade lithium carbonate sales commenced

•100% of battery grade production met tight quality specifications

•Further reduction in impurity levels across product

•Calcination and sulphation kiln achieved 92% on line time

•12 month ramp-up of Jiangsu Plant on schedule
PERTH, Australia, Nov. 13, 2012 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") advises that lithium carbonate production at its wholly-owned Jiangsu Lithium Carbonate Plant ("Jiangsu Plant" or "Jiangsu") was 428 tonnes in October - an increase of 50% month-on-month and in line with Jiangsu's 12 month ramp-up schedule.

Production consisted of 154 tonnes of superior battery grade product (99.5% purity, or above), with the balance technical grade product.

October lithium carbonate sales totalled 273 tonnes, recording revenue of A$1.7 million (RMB 11.2 million)1, including VAT. While sales from Jiangsu comprised mostly technical grade product, Galaxy recorded initial sales of battery grade product following customer qualification and testing.

All of the battery grade output met the necessary quality specifications, which include only certain levels of impurities. Statistical process control ("SPC") quality analysis showed further reductions in impurity variation within a narrow range, representing outstanding quality reliability.

Sales from Jiangsu will comprise mostly technical grade product until the battery grade product fully completes customer qualification processes and testing. As reported in September, battery grade samples have been sent to over 50 potential battery cathode customers in China. In addition, battery grade samples have been sent to a number of Japanese customers for product qualification and testing.

Galaxy Managing Director, Iggy Tan, said: "We are very pleased with increased lithium carbonate output we've seen at Jiangsu for the month of October as we continue to meet our ramp-up targets. The commencement of sales of battery grade lithium carbonate and the further improvements to product quality are a huge step towards Jiangsu becoming a significant producer of superior quality lithium carbonate for the lithium battery market."

At the front end of the Plant, the calcination kiln utilisation rate (amount of time on line) reached 92% during October. Temporary lifters were installed in the calciner to provide better spodumene pre-heating and heat transfer within the kiln. These modifications have successfully reduced kiln off gas temperatures, thereby allowing increased kiln feed rates and kiln stability. The kiln feed rate was slightly reduced due to the pending replacement of internal lifters in the kiln expected end-November.

The focus during October was to improve the stability, on line rate and utilisation of the back end of the Plant. During the month, the utilisation rate of the lithium carbonate precipitation plant and dryer reached 73% on line time. Again, this was an excellent result for the particular stage of the ramp-up.

An internal audit for the Jiangsu Plant's quality, environment, safety management system was also completed in October. British Standard Institution ("BSI") carried out a third party audit in early November and the site is expected to receive the ISO 9001, ISO 14001 and OHSAS 18001 quality/environment/safety certification in several months.

[nicolani]

Galaxy Jiangsu update
Back to releases headlines
Galaxy Jiangsu updateCanada NewsWire
PERTH, Australia, Jan. 15, 2013

PERTH, Australia, Jan. 15, 2013 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") confirms that following an incident at its Jiangsu Lithium Carbonate Plant ("Jiangsu" or "the Plant") in China on 22 November, an investigation by the Company into the cause of the incident has concluded.

The investigation concluded that on shutdown of the Plant, an abnormal and unexpected blockage in the vertical crystallizer section held up a mass of sodium sulphate liquid, the force of which, on subsequent unforeseen release, caused the fiber glass pipe work at the U bend section to rupture on impact. Due to the highly abnormal nature of the incident, the risk of this type of incident was not identified by the Plant designers in their design documentation or safety studies.

China's Suzhou Safety Bureau (Safety Bureau) has also conducted an independent investigation and concurs with the root cause analysis of the incident described above. The Safety Bureau has agreed with the Company's proposal to replace the ruptured U bend section with stainless steel (2507) material with additional load support in light of the impact and consequences of the incident.

The Company reports that the stainless steel replacement materials have been ordered and the repair of the U bend will be completed by early February 2013 ready for Plant recommencement, subject to final sign off by authorities.

Galaxy is saddened to report that a second employee passed away as a result of infection from injuries sustained in the incident. Employees and contractors affected by the incident continue to recover, and the Company continues to support them and their families. The Company has business, commercial and welfare insurance policies in China that covers the business interruption and the affected employees.

The Company has also used the time available as a result of the Plant shutdown following the incident to make further modifications to the Plant, which will improve the operability and throughput rate upon re-commencement of production. A complete Hazard and Operability (HAZOP) review has been conducted on the entire operation to ensure complete and ongoing safety of the Plant before re-commencement of operations. Safety continues to be a paramount priority at Jiangsu. Galaxy achieved a record of 2 million man hours without a Lost Time Injury (LTI) during the Jiangsu construction, commissioning and operation of the Plant before the incident.

The other shutdown activities at Jiangsu are proceeding on schedule. The Company expects to begin the kiln dry out process at the end of January and be ready for Plant recommencement by early February 2013.

In December 2012, the Company sold 213 tonnes of product and recorded revenue of 8.6 million RMB (inclusive of VAT) (A$1.3 million). Further remaining inventory of around 70 tonnes will be sold in January 2013.

[nicolani]

Galaxy ECE update
Back to releases headlines
Galaxy ECE updateCanada NewsWire
PERTH, Australia, Jan. 17, 2013

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

PERTH, Australia, Jan. 17, 2013 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") confirms it has been advised by East China Mineral Exploration & Development Bureau ("ECE") that its Board has withdrawn from ECE's proposed investment in Galaxy (announced to ASX on 5 November 2012). ECE has indicated to Galaxy it is willing to re-consider the investment when Galaxy's Jiangsu Lithium Carbonate Plant ("Jiangsu Plant") in China returns to stable operation.

Galaxy is continuing discussions with potential strategic investors and will keep the market informed of their progress.

Galaxy also reports that it has settled the first tranche of an A$20 million (before costs) financing arrangement with Deutsche Bank, comprising equity placement and call option transactions.

The Jiangsu Plant is on track to recommence operations in early February 2013.

[nicolani]

http://www.asx.com.au/asxpdf/20130520/pdf/42fzsbyhq65v1p.pdf

[nicolani]

fairer deal, nun sollte der kurs aber nicht durchgereicht werden!

[Barkmann]

Hallo,

offensichtlich muss ich als Besitzer alter Aktien die neuen Optionen zeichnen, da die alten Aktien irgendwann gestrichen bzw. gelöscht werden. Bin bei Flatex, ich hoffe, dass ich demnächst die entsprechenden Formulare in meinem Flatex-Postfach finde.

Leider verstehe ich die Meldung nicht vollständig. Kann einer von Euch freundlicherweise den Inhalt in deutscher Sprache kurz zusammenfassen?

Danke im Voraus,

Gruß Barkmann

[XIO]

Antwort auf Beitrag Nr.: 44.673.223 von Barkmann am 20.05.13 11:10:16

wäre auch für eine erläuterung dankbar...

[IllePille]

offensichtlich muss ich als Besitzer alter Aktien die neuen Optionen zeichnen, da die alten Aktien irgendwann gestrichen bzw. gelöscht werden.

nein.

Es findet eine Kapitalerhöhung mit Bezugsrecht statt. Aktionäre können im Verhältnis 1:1 neue Aktien zu 8 Cent zeichnen/erwerben. Für je zwei gezeichnete Aktie erhält man gratis 3 Optionen, die unter Zahlung von 8 Cent/Option in Aktien gewandelt werden können.

Beispiel: du hast 10.000 Aktien und nimmst dein Recht voll in Anspruch. Dann hast du anschließend 20.000 Aktien sowie 15.000 Optionen (@8 Cent ausübbar) im Depot. Ob du die Optionen ausübst, liegt in deinem Ermessen. Sie verfallen zum 31.12.2014

Wichtig:

- es gibt niemanden, der diese Kapitalerhöhung garantiert
- sollte sie scheitern, droht dem Unternehmen die Insolvenz!!
- selbst wenn sie erfolgreich ist, muß Galaxy erst noch erfolgreich die Fälligkeit seiner kurzfristigen Schulden neu verhandeln, bevor das Überleben gesichert ist! Das sind immerhin $117 Mio bei chin. Banken und die Wandelanleihe über $62 Mio

Fazit: eine Zeichnung bedeutet ein sehr hohes Risiko, das man sehr sorgfältig abwägen sollte.

[Barkmann]

Danke für die schnelle Antwort.

[Grifru]

Antwort auf Beitrag Nr.: 44.672.371 von nicolani am 20.05.13 09:01:43

The Offer is only available to Australian, New Zealand and Canadian residents receiving this Prospectus (electronically or otherwise).

[brachial09]

Ich habe gestern bei comdirect 1:1 zu 0,08 Au$ gezeichnet. Von Optionen war allerdings keine Rede.
Entweder wird das hier ein dickes Ding, oder aber ein faules Ei.
Im zweiten Fall muss ich meinen Urlaub 2014 am Baggersee verbringen - was aber auch sehr schön sein kann!
Viel Glück allen Investierten bei ihrer Entscheidung!!!

[nicolani]

Antwort auf Beitrag Nr.: 44.761.921 von brachial09 am 31.05.13 20:46:24

genauso muss man es sehen, das chance-risiko verhältnis ist enorm, schliesslich haben sie eine fertige fabrik, sowie absolut gute liegenschaften auf drei kontinenten, und sollte die lithium-ionen-technik sich tatsächlich durchsetzen wird's wohl was werden, allerdings darf es nicht zu lange dauern, die schulden müssen bedient werden!

[brachial09]

Antwort auf Beitrag Nr.: 44.761.961 von nicolani am 31.05.13 20:52:41

Ja, und wegen der eigentlich guten Voraussetzungen sollten wir ALLE zeichnen, damit das mit der Bezahlung der Schulden auch klappt!
KEINE Handelsaufforderung (nur Spaß).

[IllePille]

schliesslich haben sie eine fertige fabrik, sowie absolut gute liegenschaften auf drei kontinenten

das ist zwar richtig, führt jedoch in die falsche Richtung. Natürlich wird ein so weit fortgeschrittenes Projekt mit allerhöchster Wahrscheinlichkeit weitergeführt. Die Frage lautet nur: von wem? D.h. wer profitiert am Ende?Schaut beispielsweise, wie es bei Baja Mining oder Nortland Res. gelaufen ist. Oder was gerade bei Solarworld läuft. In allen Fällen wird das operative Geschäft weiterbetrieben, nur gehen die bisherigen Eigentümer dabei annähernd leer aus. Ob das bei Galaxy auch so kommt, bleibt abzuwarten. Aber das Risiko ist beträchtlich.

[brachial09]

....aber wenn ich mir den Ignatius so ansehe...Dem würde ich normalerweise keine 5 Euro leihen und jetzt hat er von mir das xxx-fache! Börsengott hilf!

[maroda]

Hallo Forum,

ich bin neu hier und habe natürlich gleich eine Frage.
Ich habe diese Aktie im Depot, leider kann ich diese über meinen Brocker nicht handeln. Wo kauft und verkauft Ihr dieses Papier?

Vielen Dank

[brachial09]

Die Aktie ist seit geraumer Zeit vom Handel ausgesetzt (Kapitalbeschaffungsmaßnahmen!)und somit nicht handelbar. Siehe dazu die
sehr guten Erläuterungen von IllePille vom 20.05.13.

[Barkmann]

Bei Flatex ist es noch nicht möglich, die neuen Aktien zu zeichnen.

[brachial09]

....und jetzt ist der Ignatius auch noch zurückgetreten! Was läuft hier für eine linke Sache??????

Galaxy Resources Ltd (ASX: GXY) (“Galaxy” or “the Company”) announced the resignation of Iggy Tan as Managing
Director. Mr Tan has decided to pursue other interests.

[brachial09]

PERTH, Australien, 12. Juni 2013/CNW-Telbec / - Galaxy Resources Ltd. (ASX: GXY) ("Galaxy" oder "the Company") will Aktionäre darauf hinweisen, dass es die Versendung des Prospekts an Aktionäre bezüglich seiner kürzlich vorgestellte Pro-Rata-Anspruch-Angebot verzögert hat. Das Unternehmen hat eine Reihe von positiven Ansätze erhalten, von einigen der wichtigsten Aktionäre bezüglich Änderung der Struktur der Kapitalbeschaffung und ist zum Abschluß diese Diskussionen im besten Interesse aller Aktionäre.

Daher hat das Unternehmen der Aktionär Unterrichtung Sitzungen am 5. Juni 2013 auf den Markt angekündigt und dem Fälligkeitsdatum in Brisbane, Sydney, Melbourne, Perth, Vancouver und Toronto stattfinden, bis auf weiteres abgebrochen.

Galaxy wird den Markt mit weiteren Details so schnell wie möglich aktualisieren.

[brachial09]

Ich habe jetzt seit ein paar Tagen die Bezugsrechte 1:1 (zur Aktienanzahl) eingebucht bekommen, WKN: A1WZP1. Allerdings in "blassgrau", d.h. nichts genaues weiß man nicht. Geld musste ich bisher keines bezahlen. Soweit ich das an der ASX gelesen und verstanden habe, versucht Galaxy zuerst einmal anders (ich glaube über die Großaktionäre) Geld herein zu bekommen. Ohne Gewähr!
Sobald sich in meinem Depot etwas bewegt, melde ich mich wieder. Oder hat jemand anderes schon etwas Genaueres erfahren?

[nicolani]

Galaxy Resources Limited - Jiangsu May Production Update
Back to releases headlines


Highlights

521 tonnes of lithium carbonate produced in May
Major power upgrade completed on site during the month
Total product sales of 538 tonnes recorded for the month
Battery grade lithium carbonate sales increase
PERTH, Australia, June 18, 2013 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") advises that production at its Jiangsu Lithium Carbonate Plant ("Jiangsu" or "the Plant") in China totalled 521 tonnes in May 2013.

Production slowed slightly month-on-month due to a one week scheduled outage for the completion of a major power upgrade on site as part of the ongoing ramp-up of the Plant.

Battery grade lithium carbonate sales increased during the month, with overall product sales (battery and technical grade) totalling 538 tonnes.

The increase in battery grade sales is a result of the completion of stringent qualification and approvals processes by a number of major battery cathode manufacturers in China. Galaxy expects further potential customers to complete the approvals process in the coming months.

Galaxy's new management and the Jiangsu team have already commenced a thorough review and assessment of ways to accelerate the ramp-up process to boost production towards the Plant's full capacity of lithium carbonate.

[brachial09]

Perth, Australia
10 July 2013
JIANGSU JUNE PRODUCTION UPDATE
Highlights
 June lithium carbonate production increases month-on-month to 604 tonnes
 Total product sales of 548 tonnes recorded for the month
 Battery grade lithium carbonate production and sales continue to improve
Galaxy Resources Ltd (ASX: GXY) (“Galaxy” or “the Company”) is pleased to advise that production at its Jiangsu
Lithium Carbonate Plant (“Jiangsu” or “the Plant”) in China increased month-on-month to 604 tonnes in June 2013 from
521 tonnes in May.
Lithium carbonate sales (battery and technical grade) totalled 548 tonnes in the month, slightly ahead of May’s figures.
Battery grade lithium carbonate production and sales also recorded increases during the month. Testing and qualification of
the product is continuing with a range of battery cathode manufactures in China, which is expected to boost Galaxy’s
customer base in the second half of the year.
Galaxy interim Managing Director Anthony Tse said: “Production at Jiangsu has been steadily increasing following the
recommencement of operations at the Plant in February 2013. We continue to ramp-up operations at the Plant, which at
current production rates, already ranks as the second largest lithium carbonate production facility in China.”
The Jiangsu Plant is designed to produce 17,000 tonnes per annum of battery grade (99.5% purity) lithium carbonate.

Produktionssteigerung, soweit sieht es gut aus - aber wie geht es weiter???

[brachial09]

Neueste Meldung zu Galaxy:
Kann das jemand (sinngemäß) übersetzen (aber bitte nicht mit den div. Internet-Übersetzungsprogrammen, da kommt nur Käse bei raus)?

ex entitlement
XE first displays for a security from the morning of the Ex Entitlement date (generally four business days before the record date) and remains until the close of business on application's close date. Trading in securities displaying XE on ASX Trade does not carry the right to securities in the entitlement issue. For more information refer to the description of cum entitlement. All orders are purged at the end of the trading day prior to the security being quoted on an XE basis.

[brachial09]

Noch jemand investiert?!
Falls ja: es scheint weiter zu gehen! Gerade wurde meine Aktienstückzahl verdoppelt zu 0,08 AUD/Stück (meine Zeichnung vom 27.5.13, hatte ich eigentlich abgehakt und danach vergessen).
WKN A1WZP2. (Glücklicherweise war ich schon im Urlaub, den nimmt mir keiner mehr!). Daumen drücken!

[brachial09]

Schon wieder ein "trading halt".
Mal sehen, was kommt. Schlimmer kann es kaum werden!

[brachial09]

Nie wieder chinesisch-australische Aktien! Hier verliert immer der Aktionär - zumindest wenn er an die vorgelegten Zahlen glaubt und "long" gehen will. Erst verliert die Aktie aus unerklärlichen Gründen jeden Tag ein bisschen, dann wird der CEO rausgeschmissen und bevor man reagieren kann kommt ein monatelanger!!! trading stop. Dann beschaffen die sich wieder von irgendwoher Kapital, anschließend verliert die Aktie aus unerklärlichen Gründen jeden Tag ein bisschen (= Endlosschleife). 90% Verlust in kurzer Zeit ist nicht so üblich, zumindest nicht bei einer Firma, die demnächst der Welt größter Lithium Produzent sein will. Das einzige, was hier funktioniert sind die schönen emails, die man regelmäßig zugeschickt bekommt, aber immer erst dann, wenn schon wieder irgendeine seltsame Maßnahme durchgeführt wurde. Das war jetzt mein letztes posting, ich versuche den Schrott zu verkaufen und in irgendeinen kleinen, ehrlichen Betrieb (gibt es so etwas noch??) zu investieren.

[ktulu75]

Hi wenn Du verkaufst bin ich wohl allein hier.....
andererseits frage ich mich, was es noch bringt gerade jetzt noch zu verkaufen... da ich mit diesem Wert absolut in den Miesen bin, warte ich ab.... den Ausstieg habe ich ohnehin verpasst....

von den Chinesen halte ich als Partner auch nicht so viel, allerdings sind wohl alle Rohstoftitel in den letzten 12 Monaten sehr verprügelt worden.....

die eigentliche Firma ist ja m.E.nicht in chines. Hand, sondern diese sind nur an der Fabrik als Joint Venture beteiligt....

Galaxy hat zumindest eine fertige und hoffentlich bald funktionierende Fabrik... irgendwann sollte doch mal Cash generiert werden....
und vielleicht sehe ich irgendwann mal wieder grün bei diesem Wert....

[brachial09]

Hi, da gibt es tatsächlich noch einen lebenden Galaxy-Aktionär, sehr schön. Können wir uns ja gegenseitig Trost spenden. Was mich nur ärgert: Ich habe mich im Mai gegen orocobre entschieden weil ich vorsichtshalber 2-gleisig fahren wollte. Dafür habe ich 50:50 Galaxy und Canada Lithium gekauft. Galaxy -90%, Canada Lit -40%.
Nicht so schlimm, ABER Orocobre seitdem +(!!!!!) 85%. Da kann man nur noch heulen.
Was hat Dich eigentlich dazu gebracht, hier einzusteigen und seit wann bist Du denn dabei?

[ktulu75]

habe galaxy letztes Jahr im Oktober gekauft weil ich vom Zukunftsmarkt Lithium überzeugt war und sie zusätzlich ein gutes REO Projekt im Explorerstadium haben.... und natürlich wegen der Fabrik....

Orocobre haben eben die Japaner hinten dran... die hatte ich bereits leider vor dem Einstieg der Japaner 2008 verschmäht.... und stattdessen in die Pleiteaktie Admiralty investiert, weil sie mit ihrem Projekt weiter waren....

so ist das eben mit unseren "Glücksgriffen"...... ich hoffe GXY fängt sich wieder...

[brachial09]

Na, wird vielleicht doch noch etwas?! Was mich stört ist, dass sie immer noch einen "Übergangs"-Direktor haben. Vielleicht kaufe ich auf diesem Niveau noch ein paar Stücke.

"Galaxy Resources (ASX: GXY) has recorded its best ever production and sales month at its Jiangsu Lithium Carbonate Plant in China.

In September, Jiangsu produced 795 tonnes of lithium carbonate, a monthly production record high for
the plant, with volumes of 2,040 tonnes, a 15% increase quarter-on-quarter.

Notably, 1,373 tonnes or 67% of lithium carbonate produced in the September quarter was battery grade, a 95% improvement quarter on quarter.

Sales volumes for the month of September were 632 tonnes, another monthly record high, with total sales of 1,816 tonnes,
a 9% increase quarter-on-quarter.

Battery grade sales continue to trend higher and now comprise 64% of total sales volume, a 70% improvement quarter on quarter.

Galaxy Interim Managing Director Anthony Tse said that the production and sales records achieved for the month
to complete the quarter were very encouraging and indicated that strategies being implemented at Jiangsu to improve operating efficiency were proving successful.

Galaxy remains on track for positive cash flow and steady state design production capacity."

[brachial09]

Heute Nacht über 10 Millionen Aktien, ca. +7 % im Kurs! Die Hoffnung stirbt zuletzt.

[PolyesterBauer]

Zitat von brachial09: Vielleicht kaufe ich auf diesem Niveau noch ein paar Stücke.

Darf ich wissen, wo du die kaufen würdest? In Deutschland liegt der Spread bei 200%...

Grüße
PoB

[brachial09]

Ja, die spinnen hier komplett.#
Ich habe die seinerzeit im Ausiland gekauft, war auch ziemlich teuer
(irgendwas um die 44 Euro, glaube ich). Kommt halt auf die Stückzahl an, ob sich das rentiert. Ich bin bei der DAB und der comdirect, mal sehen, was die anbieten.

[brachial09]

Da lag ich fast richtig:

Down under: 0,15 % vom Kurswert, mindestens ca. 55 €.
Da zahlt man ja schon locker 3000 Aktien an Gebühren für einen Kleinauftrag
(leider nehmen die aber keine Aktien, sondern nur unser gutes Geld!).

[brachial09]

Na also, fängt (in Australien - nicht bei unseren Schnarchnasen!)langsam an zu marschieren!

[brachial09]

100 % in 8 Wochen an der Heimatbörse - was will man mehr!!!!

[Barkmann]

Moin,

GXY steht mit dem Rücken an der Wand: Barmittel nur noch $2,8 Mio., aber für Mittwoch wichtige (offensichtlich positive) Mitteilung angekündigt ("potential transaction, which would strengthen the company's balance sheet""). Genaues ist aber nicht bekannt (z.Zt. Handelsstop), kann alles mögliche sein. In Australien wird spekuliert, dass wahrscheinlich das kanadische James Bay-Projekt veräußert wird und dadurch Cash in die Kasse kommt. Aber alles nur reine Spekulation.

Gruß

[Awatek]

Danke für die Info, bin mal gespannt wie es weitergeht.

[brachial09]

SOOO geht es weiter:

03/02/2014 Suspension from Official Quotation

Dazu fällt mir nichts mehr ein!!!

[brachial09]

Also: es geht weiter, sobald eine Erklärung seitens Galaxy kommt,
SPÄTESTENS am 17.02.2014.
Quelle: Galaxy Homepage

Die Hoffnung stirbt zuletzt!

[brachial09]

Aus "SPÄTESTENS 17.2.2014" wurde jetzt erstmal der 4.3.2014!!!
Die Begründung mehr als schwammig. Sauhaufen?

[Awatek]

Entweder kommt was großes, oder die Firma geht über den Jordan,was ich aber nicht glaube. Li Shufu von Geely ist hier investiert, kann mir nicht vorstellen das er den Laden hängen lässt.

[Barkmann]

Aus dem 04. März wurde jetzt der 18. März. Glaube jetzt langsam, da kommt was Großes, in den USA an der OTC Börse heute +40%. Auf HotCopper wird spekuliert, das eventuell Rockwood bei GXY einsteigt. Wissen die vielleicht mehr in Amiland?

Gruß
Barkmann

[Rokky100]

keiner mehr dabei?

Mt Cattlin slated for first exports in July
22nd January 2016

ERTH (miningweekly.com) – The Mt Cattlin spodumene/tantalum mine, in Western Australia, is on track to export its first concentrate in July this year, as ASX-listed General Mining Corporation works to restart production. General Mining Corporation last year inked an agreement with fellow-listed Galaxy Resources to acquire a 50% stake in the mine for A$25-million, with the company committing to an initial A$7-million spend to restart production. Upon the restart, General Mining would earn an initial 14% interest and 50% profit interest in the Mt Cattlin project. The company reported this week that all long-lead items required to restart Mt Cattlin were ordered in late December, with the fines circuit slated for commissioning in late March, while the coarse circuit was due to be commissioned in late June. Following the first exports of concentrate in July this year, the plant optimisation process would be completed by December. Based on the current mineral resource and ore reserve estimates at Mt Cattlin, the project could deliver some 11 500 t/y of spodumene over an initial 17-year mine life. The project was estimated to require a capital investment of A$14.7-million to restart and could generate life-of-mine revenue of A$1.16-billion and net cash flow of A$526-million. The project was expected to have a throughput rate of 800 000 t/y and would produce an additional 85 924 t of tantalite. Previously mined for both spodumene and tantalum by-products, the Mt Cattlin operation produced over 100 000 t of spodumene concentrate before the operation was suspended in 2012. In October last year, General Mining signed a sales and distribution agreement with Japanese major Mitsubishi Corporation for all of the lithium-bearing spodumene concentrate produced at the Mt Cattlin project, allowing the Japanese company to sell the spodumene concentrates into China, South Korea, Taiwan and Vietnam.

[Rokky100]

Antwort auf Beitrag Nr.: 51.700.345 von Rokky100 am 09.02.16 18:35:02

Link

http://www.miningweekly.com/article/mt-cattlin-slated-for-fi…

[Rokky100]

Galaxy Resources: “first in, best dressed” in the Lithium space
Posted on January 28, 2016 by Christopher Ecclestone

http://investorintel.com/technology-metals-intel/galaxy-grea…

With the revival of interest in the Lithium space and us having declared 2016 to be the Year of Lithium, it seems timely to visit one of the veterans of the space which has ridden the bucking bronco of the markets, been tossed off once and is now back in the saddle.

Galaxy Resources Limited (ASX:GXY) has gone full circle. It was the outlier hard rock Lithium story at the start of the Lithium boom with its focus being the Mt Cattlin spodumene deposit in Western Australia when everyone else was off chasing LatAm salares. After bringing that to production, then focusing on the downstream with a processing plant in China, then disposing of that plant and then JVing out the Australian mine, it has parallel processed an Argentine salar in recent years and that has now moved into poll position in its list of focuses.
Nevertheless with its residual stake in Mt Cattlin and now its evolving Latin brine focus, Galaxy is the only listed company we can think of (though Talison used to be an example) that straddles the two types of mineralisation (and the two continents. Clearly it hopes the ultimate outcome will be as profitable for shareholders as the ultimate fate of Talison.

Salt of the Earth

We jest though the project is called Sal de Vida which is Spanish for Salt of Life. The project is located in north-west Argentina in what is known as the ‘Lithium Triangle’, the current source of more than 60% of the world’s annual production of lithium.

SaldeVidaMap

Galaxy controls 100% of the brine mineral rights over more than 385 square kilometres on the eastern half of the Salar del Hombre Muerto, which lies in the high altitude Puna, a plateau comprised of basins and ranges discrete from the much larger Cordillera-bounded Altiplano basin to the north.

The Salar de Vida lies approximately 1,400 kilometres north-west of Buenos Aires at an altitude of 4,025 metres and is accessible from the city of Salta via an all-seasons road, and there is a major powerline 115 kilometres away.

The western half of the Salar de Vida is the site of Argentina’s only commercial scale lithium mining operation owned by Minera del Altiplano.

Brines in LatAm

Much of the current production comes from brines in the Salar de Atacama (in Chile) and the Salar del Hombre Muerto (in Argentina). As we have written in the past there are a number of listed and unlisted players in the Argentine space. Orocobre listed on the ASX is the most advanced with the Salar de Olaroz but we first starting looking at this area when Admiralty Resource’s Rincon project was in its formative stages. That was later acquired by the resources hedge fund, Sentient, and has fallen behind Orocobre.

Salares_latam

As mentioned earlier the western half of the Salar de Vida is the site of Argentina’s only commercial scale lithium mining operation exploited by a subsidiary of FMC Corporation. The Fenix operation has been producing lithium since 1997 and according to FMC’s website has a mine life of over 75 years.

Location and Geology

The Salar del Hombre Muerto lies in the high altitude Puna, a plateau comprised of basins and ranges. Outcropping basement at Farallon Catal divides the basin into Western and Eastern sub-basins. The origin of lithium in the brines of the Puna is not well known. The area is underlain by an extensive magma chamber at depths of only 4km and this could be the ultimate source, lithium being transported to the surface via volcanic activity, especially hydrothermal vents. It is not known whether the transfer was as a result of the leaching of lithium-bearing volcano clastic sediments or by the recycling of trapped lithium-bearing solutions.

The Sal de Vida brines average about 780mg/L Li. They also have potassium concentrations averaging around 0.87mg/L K, low magnesium and sulphate. High magnesium content can increase the production costs of lithium carbonate. The Sal de Vida Mg:Li ratio of approximately 2.2 and SO4 Li ratio of 11.5 are low by industry standards. The Salar de Atacama in Chile, the largest lithium producing brine operation in the world, reports Mg:Li ratios of more than 4 and Salar de Uyuni in Bolivia has an Mg:Li ratio of more than 14. In addition to the brines, the Salar hosts near surface deposits of ulexite, a sodium-calcium borate mineral mainly used for the production of boric acid.

The Resource

A maiden JORC-compliant Reserve estimate of 1.1 million tonnes of retrievable lithium carbonate equivalent and 4.2 million tonnes of potassium chloride (potash or KCI) equivalent supports total annual production over a 40 year period.

The “Secret” of the Salares

A salar is a predominantly dry lake bed within a restricted drainage basin. Normally, the dry climate and lack of drainage results in the deposit of salt and borate minerals with sand and clay intervals. Just below the surface, the pore spaces of the unconsolidated sands, silts and salt bodies are filled with water. Near surface, the water is brackish and below approximately two metres in depth, the water is consistently very salty (brine). In addition to ordinary salt (sodium chloride), the brines also contain high concentrates of dissolved potassium chloride, lithium chloride and boron.

All mining is a chemical process to some degree. The production of lithium and its by-products highlights this fact. Firstly the brines are evaporated into lined evaporating ponds, with the evaporation rate at the salar being around 3,000mm per annum. Then the output from the evaporating ponds requires the selective precipitation of calcium and magnesium cations (positively charged ions) that interfere in the recovery of lithium of sufficient quality.

Process_salares

These pre-treatments require the input of lime and sodium sulphate. To produce 15,000 tpa of LiCl will require approximately 84,000 tpa of sodium sulphate.

The brine passes through a series of evaporation ponds (phases B, C & D above). These are all of one metre in depth. If Magnesium is an issue then it is removed at Phase C. Then the potash is extracted at the concentrated brine phase (E). Finally the ionization plant (at phase F) creates the finished chemicals for bagging and then export.

The DFS

In Galaxy’s estimation the Sal de Vida deposit is “one of the world’s largest and highest quality” undeveloped lithium brine deposits. In the words of Mandy Rice-Davies, they “would say that wouldn’t they”. But they have good reason to do so considering that they own the other part of a salar with one of the most substantial producers in the world.

In April 2013, Galaxy released a Definitive Feasibility Study positing a low-cost, long-life lithium and potash operation. The DFS outlined a project site that, when completed, would include evaporation ponds, a battery grade lithium carbonate plant and a potash plant.

This study estimated, at a 10% discount rate that the pre-tax net present value would be US$645 million or US$380 million post tax. Sal de Vida has the potential to generate total annual revenues in the region of US$215 million and operating cash flow before interest and tax of US$118 million per annum at full production rates.

Scalability

After production, scalability is our second most favorite word and we when use it we imply smaller rather than larger. It is pleasing to see that Galaxy have also taken this issue to heart and have also considered alternative low-cost, scalable development options at Sal de Vida. The options targeted have an initial capital investment limited to US$100 million and output of saleable product within two years of construction commencing. All development options consider modular designs, providing the flexibility to add units and scale up to the capacity of 25,000 tonnes per year of lithium carbonate and 95,000 tonnes of potassium chloride.

Mt Cattlin – on the Move Again

When J.P. Morgan was asked how he got so wealthy, he sagaciously commented “I sold too soon”. Well might we say that about Galaxy’s transaction passing management of the Mt Cattlin asset over to General Mining (ASX:GMM) which was struck on the eve of the Great Lithium Rebound.

When first mooted the Mt Cattlin was aiming to produce 137,000 tonnes of 6% spodumene concentrate per annum. The mine also has a Tantalum by-product credit which was expected to be 56,000 lbs per annum of Tantalum Oxide if production reached the aforementioned spodumene tonnages.

For a couple of years now Mt Cattlin has been mothballed. It was for a brief period the “other” Australian Lithium producer from spodumene with the “big” producer being the Greenbushes mine, which was owned by Talison, until that company was taken over for around $760mn by a consortium of a Chinese producer and Rockwood.

In February of last year, General Mining cut a deal with Galaxy under which it was granted the right to solely operate at the Mt Cattlin Project for three years with an option to purchase 100% interest in Mt Cattlin for AUD$30mn plus a 3% net smelter return, at any time during the three year period. GMM would pay a lease fee of AUD$2.5mn per annum to Galaxy, and a 10% production royalty. GMM at the time planned to commence Tantalum production at Mt Cattlin within approximately 6 months with Lithium not even in consideration.

However the deal was recomposed along the way (early June 2015) as a 50/50 deal and here we are nearly a year later and it is drawing nearer to production but is not there yet. In recent weeks GMM announced that it had met its 31 December 2015 deadline under the altered agreement by committing to an initial AUD$7mn capital spend on the recommencement of production at Mt Cattlin.

This means that, upon the restart, General Mining will earn its initial 14% equity and 50% profit interest in the Mt Cattlin Project as per the June agreement.

All long lead items required for the restart were ordered in late December 2015, with the 2016 production timeline comprising:

Fines circuit commissioning – late March 2016
Coarse circuit commissioning – late June 2016
First export of concentrate – estimated July 2016
Plant optimisation process – completed December 2016

In October it was announced that Mitsubishi would buy 100% of the spodumene output of Mt Cattlin. Understandably GMM’s stock price has been on an absolute tear as a result of these developments.

As for Mt Cattlin, the comparative cross-sections below are a good visualisation.

Mine_comps

Greenbushes is the long-producing property of Talison. Mt Cattlin is now owned by the GMM/Galaxy’s JV. Talison has the most problematical property logistically but is compensated with a good grade. Neometals’ Mt Marion has the advantage of a minimal strip ratio and a grade that is double Mt Cattlin’s. Strip ratios for the Mt Marion deposits range from 1:1 to 2:1. Meanwhile Mt Cattlin has the Tantalum credits.

Conclusion

Galaxy was “first in, best dressed” in the Lithium space and learnt the lessons before many of the others. At least from the outside it appears a lesson to learn is to be wary of “Chinese bearing gifts”. Fortunately Galaxy eventually managed to escape form that relationship and managed to get the “money and the house” in the form of the Mt Cattlin asset. It has since sliced and diced that asset, and up-focussed its Sal de Vida property.

Now it seems ready to enter the fray as a producer again using its cred as a mine-builder to lure the ever-wary Japanese and Korean seekers of Lithium sources with Galaxy’s past track record of “getting it done”. The goal is having them panting for some Sal de Vida.

[Rokky100]

Galaxy Resources Ltd (ASX: GXY)
February 2, 2016

We previously held Galaxy Resources Ltd from December 5th to January27th exiting with a 138% gain, when there was bearish divergence of RSI(7). It has always been my intention to reenter the market after the price of GXY has pulled back. The chart below shows that the pullback is approaching the 50% mark. We will attempt to enter at $0.14. I have entered the Fibonacci retracement levels. I do acknowledge that I am perhaps being too early at entering.
The following is a copy of from the description on of Galaxy in the December 5th blog.Lithium, the world’s lightest metal with the highest electrochemical potential, and hence its use in energy storage batteries. Largely because of this, lithium has been one of the strongest performing commodities in the last twelve months. The potential growth in hybrid and electric vehicles requiring mass energy storage systems is likely to maintain the demand for the metal. Currently almost 95% of batteries used in electronic devices have adopted lithium-ion as the technology of choice. Furthermore, It has been predicted that the lithium market driven by growth in battery demand will increase by 285% between 2014 & 2025*

Galaxy (ASX: GXY) 50%, in association with General Mining Ltd. (ASX: GMM)50% is developing the Mt Cattlin deposit in Western Australia. The project has a 17 year minelife at a mining rate of 800,000 tonnes/year. Further drilling is expected to increase the ore resource. The project will be on stream in Q1 of 2016. General Mining Ltd. claims that the Nett Cash Flow in the first three years of full production will be $120 million**, with 50% to GMM and 50% to GXY. Galaxy also has a brine deposit of Lithium.

[Di2]

Antwort auf Beitrag Nr.: 51.700.516 von Rokky100 am 09.02.16 18:53:49

niedriger Kurs

warum ist der Kurs so kurz vor Beginn auf dem niedrigen Level?

[Rokky100]

Antwort auf Beitrag Nr.: 51.702.400 von Di2 am 09.02.16 21:46:47

immerhin 1.103.000.000 Aktien, Marktkapitalisierung 110.000.000

bei 60 Millionen Cashflow in jedem der nächsten 3 Jahre würde ich auch den Kurs höher erwarten.

[rechnerhand]

Antwort auf Beitrag Nr.: 51.700.417 von Rokky100 am 09.02.16 18:42:07

Galaxy Resources – Strongly Positioned for a New Lithium Era

Overview

Galaxy Resources Limited (ASX:GXY) is a global lithium company on the verge of becoming the world’s newest lithium producer. Galaxy Resources primary assets include the Mt Cattlin spodumene project in Western Australia, the Sal de Vida lithium brine project in Argentina and the James Bay spodumene exploration project in Quebec, Canada.

Galaxy Resources has recently completed a successful two-year restructuring under a new board and management, which includes Martin Rowley as Chairman of the Board, and Anthony Tse as Managing Director. Rowley is a respected leader in the global mining industry and a co-founder of First Quantum Minerals. Tse has extensive senior corporate management experience, in strategy, development and M&A, as well as corporate finance and capital markets. Under the new leadership, Galaxy has reduced its net debt from a peak of over A$200 million to A$20 million and is now in a strong financial position to capitalize on a new era in lithium.
Investment Highlights

Diversified portfolio with three globally significant hard rock and brine based lithium assets across multiple geographies
Restart of spodumene and tantalum production at Mt Cattlin at end Q1 2016
Spodumene offtake agreement with Mitsubishi; near-term cash flow expected
Flagship Sal De Vida Project in Argentina with market leading brine chemistry
New management has transformed balance sheet, reduced net debt from over A$200m historically to A$20m today
Highly credentialed Management and Board with strong networks in the key Asian lithium markets, having built a customer base of over 40 clients for the Jiangsu Operations
Deep experience in project development, construction and operations – previously built out the Jiangsu Lithium Carbonate Plant, the largest design capacity and most technologically advanced in Asia, and the Mt Cattlin spodumene mine
Robust lithium macro trends with surging demand from energy storage applications and lagging supply side

Lithium Market: Strong Pricing Environment

Lithium was one of the few commodities to actually post price gains in 2015, largely due to supply constraints and robust demand from the lithium-ion battery industry.

“The reality is that supply is very tight in the market at the moment,” explains Anthony Tse, Galaxy Managing Director. “Demand continues to grow quite robustly, especially in China which broke the record in 2015 for new energy vehicles sold into the market—around 379,000 vehicles.” That’s more than a several-fold increase in electric car sales in China over 2014.

While prices started off the year around US$5,800/tonne, by the end of 2015 lithium pricing was heading well north of US$10,000/tonne, according to Canaccord Research in a recent report on Galaxy Resources.
Stepping into a New Galaxy in 2016

Galaxy Resources has undergone serious changes for the better since the new board and management team led by Martin Rowley and Anthony Tse took over the leadership of the company in 2013. In as little as two years Galaxy Resources has successfully re-structured its balance sheet and is now well positioned for cashflow and growth into a diversified lithium producing and development company. Pivotal to this turn-around was strategically reducing the company’s more than A$200 million dollars of debt to a more manageable A$20 million and shifting the focus from the mid-stream processing operations to its developing its primary lithium resource assets.

Galaxy’s transformation included:

initial restructuring of over A$110 million in bank financing and convertible bonds;
successful capital raise of A$37 million through a rights issue;
significantly reducing corporate and development overheads by 70% through cost reduction programs;
divestment of the Jiangsu Operations in China (thus deconsolidating over US$100 million of debt), to focus on primary resource assets;
the discounted re-purchase of half of the convertible bonds;
refinancing of remaining debt through redeeming the balance of convertible bonds with a new three-year debt facility; and
the establishment of a joint-venture partnership with General Mining to re-start production at the Mt. Cattlin spodumene project.

The major end-goal for Galaxy Resources new management was “fixing the problems while defending shareholder’s equity,” states Tse. At the start of 2016, shareholders rang in the new year by stepping into a new Galaxy. “Coming into 2016 we have not only have fixed our balance sheet overhang issues but are also on the verge of production at Mt Cattlin which will bring in near term cash flow. Moving further into 2016 we are much stronger position financially, from both a balance sheet and cash flow position, to move forward to develop our flagship Sal de Vida Project .”

CALLOUT: Galaxy Resources is now on the horizon of being cash flow positive with the re-commencement of production at Mt. Cattlin by the end of Q1 2016.
Mt Cattlin Project: Spodumene and Tantalum in Western Australia

Galaxy Resources Mt Cattlin is a spodumene and tantalum project is located two kilometers north of Ravensthorpe and 450 kilometers southeast of Perth in Western Australia. Operations at Mt Cattlin include a processing plant with o a 4-stage crushing circuit producing a -6mm product from run-of-mine ore. The plant is capable of producing upwards of 137,000 tonnes per annum of lithium oxide concentrate and 87,000 pounds per annum of contained tantalum.

Between 2010 and mid-2012, Mt Cattlin produced 114 kilotonnes of spodumene concentrate at a grade of approximately 5.5% percent lithium oxide. Operations were halted in mid-2012 and the project was later placed on care and maintenance in February 2013.

JV with General Mining

At the beginning of 2015, Galaxy Resources recognized that supply of lithium feedstock into the China market was tightening, while demand for lithium products continued to grow. As it was still in the final stages of completing its balance sheet restructuring and with limited liquidity, it looked for capital efficient ways to restart production of spodumene at Mt Cattlin. Galaxy Resources entered into agreement with General Mining in September 2015, which gave the latter the right to earn into a 50 percent equity stake for A$25 million:

A$7 million in upfront CAPEX contributions (completed in December 2015)
Annual cash payments to Galaxy of A$6 million over 3 years
Operating cashflow to be shared on a 50/50 basis

The deal will allow Galaxy Resources to re-enter the lithium market, with its GMM having to provide the capital for the restart CAPEX and ramp-up, and begin generating near-term cash flow upon recommencement of production of spodumene and tantalum.

Revised resource/reserve estimate and independent review

In anticipation of the finalized agreement, General Mining completed a revised resource and reserve estimate for Mt Cattlin in August 2015:

Galaxy Resources - Strongly Positioned for a New Lithium Era

In October 2015, General Mining published results of an independent review of the Mt Cattlin project based on a 800 kilotonne per annum operation producing 112 kilotonnes per annum of spodumene concentrate and approximately 500 tonnes per annum of tantalite concentrate over a mine life of 17 years. Additional highlights from the study include:

Galaxy Resources - Strongly Positioned for a New Lithium Era

The Mt Cattlin project “is one of the few low capex, hard rock projects expected to come on line in the next 12 months,” noted research from Canaccord in a December 2015 report.

Production to begin in 2016

Mt Cattlin is now on track to re-start production in March 2016 with an accelerated ramp-up period. The 2016 target production timeline includes:

March 2016—Fines circuit commissioning
June 2016—Coarse circuit commissioning
July 2016—First shipment of concentrate
December 2016—Full Optimization of Plant

Off-take agreement with Mitsubishi

General Mining signed a four-year spodumene offtake agreement with Mitsubishi in October 2015 for the total production of lithium concentrate produced from Mt Cattlin. As of January 2016, the finalization an offtake agreement for the tantalum concentrate production from Mt Cattlin is in the works.

The significant growth in lithium prices since Mt Cattlin was put on care and maintenance combined with a much lower Australian dollar greatly improves the economics of the Mt Cattlin project, according to Canaccord. Based on the expectation of further lithium price growth, the firm has said it sees “the potential for solid operating margins once at targeted production rates.”
Sal De Vida: Lithium Brine Deposit in Argentina

The Sal de Vida lithium and potash brine deposit is Galaxy Resource’s wholly-owned flagship project. Sal de Vida is recognized as one of the largest and highest quality undeveloped lithium brine deposits in the world. Galaxy acquired the project as part of its merger with Lithium One in March, 2012. Sal de Vida is located in northwest Argentina in what is known as the Lithium Triangle which produces more than 60 percent of the world’s annual lithium output.

The project encompasses 385 square kilometers on the eastern half of the Salar de Hombre Muerto at an altitude of about 4,000 meters, straddling Salta and Catamarca Province. The western portion of the salar is home to the Fenix lithium brine operation, the country’s only commercially producing lithium operation (owned by FMC subsidiary) which has been operating there since the 1990’s and has a reported mine life of over 75 years. Orocobre’s Tincalayu borate mining operation lies to the northwest of the country in Jujuy Province.

Sal de Vida is accessible year-round by road. Infrastructure in the area includes access to a deep sea port, trained labor pool, and a gas pipeline extension from the town of Pocitios to the Fenix operation which lies 24 km from Sal de Vida. The pipeline is designed to bring natural gas to the region’s mining and industrial operations; currently, a 20-kilometer spur extension to the Sal de Vida operation site is in the planning stages.

Amongst the world’s highest quality lithium brines

Three key aspects of the lithium brine chemistry at Sal de Vida make it one of the highest quality lithium brine developments in the world:

High lithium content—essential for large-scale production
High potassium yields— significant potash credits reduce operation costs
Low magnesium/lithium ratio—low impurities reduce costs and yield higher quality product

“Higher lithium grades support the potential for lower capex developments and better operating margins while low impurity levels support lower production costs,” noted Canaccord in a research report. “GXY’s Sal de Vida development project ranks well in both metrics, being second to only FMC’s Salar de Hombre Muerto in terms of grade, while the project has among the lowest Mg:Li ratios in the peer group.”

Reserve Estimate and Definitive Feasibility Study

Galaxy Resources completed a maiden reserve estimate on Sal de Vida in April 2013.

Galaxy Resources - Strongly Positioned for a New Lithium Era

Based on the reserve estimate, the 2013 Definitive Feasibility Study (DFS) estimated a pre-tax net present value of US$645 million (US$380 million post tax) at a 10 percent discount rate. The study showed that the project has the potential to generate total annual revenues of US$215 million and operating cash flow before interest and tax of US$118 million per annum at full production rates.

Galaxy Resources - Strongly Positioned for a New Lithium Era

The DFS assumed a lithium carbonate price of US$5,500 per tonne. However, lithium prices have shot up significantly since the 2013 study with prices now well above $US10,000 per tonne. “Looking at the transactions in the China market in recent months, large volume lithium pricing has reached close to $13,000 per tonne, with off-contract small volume pricing nearing $19,000 – it looks like we have a new normal in lithium pricing now,” states Tse.

In light of the surging growth in lithium prices since the completion of the study, Galaxy Resources is revisiting the financial projections in the DFS including price and cost assumptions. Surging lithium prices coupled with the 30 percent devaluation of the peso and abolition of withholding taxes in Argentina is likely “to yield a much more attractive and compelling set of economics going forward,” added Tse.

Sal de Vida has all the necessary environmental approvals in place and is fully-permitted through to construction. Galaxy Resources has been in discussions with potential strategic joint-venture partners at the project level, with the objective that a partial divestment of a minority stake at the project level could essentially finance the equity component required to advance Sal de Vida through to construction.
James Bay: Spodumene Deposit in Quebec, Canada

The James Bay lithium spodumene project is located in in the mining-friendly jurisdiction of northwest Quebec, Canada about two kilometers south of the Eastman River and 100 kilometers east of James Bay. The region is known for its low energy costs and good infrastructure. Galaxy Resources believes the James Bay project represents an opportunity to capitalize on long-term lithium demand growth in the North American markets.

The exploration-stage project contains a resource estimate of 11.75 million tonnes indicated resources grading at 1.30 percent lithium carbonate and inferred resources of 10.47mt grading at 1.20 percent lithium carbonate. The deposit remains open at depth and along strike with the potential to increase the size and grade of the resource. The lithium pegmatite deposit lies near surface and modelling indicates the potential for open-pit mining.

General Mining has the option to earn a 50 percent interest in the James Bay project through expenditures of US$5 million directly on the project over three years from the date of signing the agreement, US$2.5 million must be committed in the first 2 years. In September 2015, Galaxy Resources announced that work for a definitive feasibility study would re-start in 2016.
Management

Martin Rowley — Independent Non-Executive Chairman

Martin Rowley was a co-founder of TSX and LSE-listed First Quantum Minerals Ltd and is currently that company’s Executive Director, Business Development. First Quantum is one of the world’s largest copper production companies and the owner of the Ravensthorpe nickel project in Western Australia with a market capitalisation of in excess of A$10 billion. He was previously non-executive Chairman and director of Lithium One Inc., which was acquired by Galaxy by way of a Plan of Arrangement in July 2012. He is also non-executive Chairman and a director of Forsys Metals Corp, a TSX-listed company in the uranium sector.

Anthony Tse — Managing Director

Anthony Tse has 20 years of corporate experience in numerous high-growth industries such as technology, internet/mobile, media & entertainment, and resource & commodities – primarily in senior management, corporate finance and M&A roles across Greater China and Asia Pacific in general. His previous senior management roles include various positions in News Corporation’s STAR Group, the Deputy General Manager of TOM Online (previously listed on NASDAQ), Director of Corporate Development at Hutchison Whampoa’s TOM Group (listed on HKSE), President of China Entertainment Television (a joint venture between TOM and Time Warner), and CEO of CSN Corp. He is a Fellow of the Hong Kong Institute of Directors (HKIoD) and a member of the Hong Kong Mining Investment Professionals Association (HKMIPA).

http://investingnews.com/company-profiles/galaxy-resources-l…

[Rokky100]

[Nuggeteer]

Antwort auf Beitrag Nr.: 51.700.345 von Rokky100 am 09.02.16 18:35:02

Galaxy ist einer der vielen Profiteure des Preisanstiegs von Lithiumkarbonat. Im Gegensatz zu praktisch allen anderen high-flying Lithium hopefuls jedoch hat Galaxy eine Spodumene (Lithium)-Mine fertig da stehen, die "nur" re-aktiviert werden muss. Genau das geschieht im Moment. So könnte Galaxy im Sommer 2016 die erste Charge Produkt ausliefern und bis Jahresende die Produktion einigermaßen hochgefahren haben. Alle anderen haben keine Mine, sondern nur ein paar Löcher im Boden, eine Resource und eine hübsche Website.

So eine Mine will geplant, genehmigt, finanziert und gebaut sein, was in aller Regel mindestens 1-2 Jahre dauert, mehrere 10 Millionen Dollar kostet und jede Menge ungeahnter Probleme mit sich bringen kann. Keiner der Möchtegernproduzenten wird m.M.n. 2016 auch nur eine einzige Tonne Li-Konzentrat liefern, die meisten auch 2017 nicht. Da der Preisanstieg von Lithiumkarbonat einer sehr speziellen "Preispolitik" von Tianqi geschuldet ist und eben nicht das Ergebnis plötzlich explodierter Nachfrage ist, könnte der Preis genauso schnell wieder in sich zusammenfallen wie er in den Himmel geschossen ist. Einzig die Entscheidung von Tianqi, seine Tochter Talison wieder die chinesischen LC-Konverter beliefern zu lassen, wäre dafür nötig. Aus Tianqis Sicht gibt es dazu derzeit kaum Veranlassung, denn man profitiert selbst weitgehend alleine von den hohen Spodumene Preisen. Das mengenmäßig relativ kleine Angebot von Galaxy sollte daran nicht viel ändern, es wird vom Markt sehnsüchtig erwartet und sollte mühelos absorbiert werden. Sobald jedoch zusätzliche Anbieter auf den Plan treten, könnte Tianqi seine Vormachtstellung behaupten wollen und die Preise reduzieren. Das könnte die gerade neu angetretenen und notwendigerweise hoch verschuldeten Konkurrenten wieder aus dem Markt fegen. Talisons Greenbushes Mine hat die weltweit mit Abstand besten Li-Grade und dank sehr hoher Produktionsmengen dürfte die Firma kostenmäßig quasi uneinholbar günstig sein. Alles hier gesagt bezieht sich auf Produzenten von Spodumene. LC aus brine ist ein anderes Thema. Dort sind die Vorlaufzeiten für neue Produzenten noch viel länger.

Das Rezept zur Wiederholung der Seltenen Erden Story ist jedenfalls angemischt. Erst explodierende Preise, die eine ganze Horde von me-too Firmen Seltene-Erden-Produzent werden lassen wollen. Dann Milliarden von Investorengeldern, die in eine Vielzahl von Möchtegernproduzenten fließen. Am Ende des Rennens haben es nur zwei Firmen kränkelnd ins Ziel geschafft (Molycorp, zwischenzeitlich pleite, und Lynas, Aktienkurs im einstelligen Cent-Bereich), der gesamte Rest blieb auf der Strecke, die meisten sind inzwischen pleite oder haben etwas ganz anderes als Seltene Erden auf ihrem Firmenschildchen und ihrer Website stehen. Die Preise für Seltene Erden sind im Keller, richtig Geld verdient niemand und die wie die astronomisch hohen Schulden von Lynas je zurückverdient werden sollen, wissen die Götter. Vorsicht, diese Geschichte könnte sich wiederholen.

Bis es jedoch soweit ist, hat Galaxy die besten Karten, zumindest ein bisschen was zu verdienen, sofern die Preise noch eine Weile da bleiben, wo sie sind.

[Rokky100]

Antwort auf Beitrag Nr.: 51.908.259 von Nuggeteer am 04.03.16 22:02:09

Guter Beitrag, das einzige was mit Lithium anders ist, das die Nachfrage extrem steigen wird im Gegensatz zu Seltene Erden

[Rokky100]

Trading Halt wegen Offtake agreement

[Di2]

Antwort auf Beitrag Nr.: 51.917.958 von Rokky100 am 07.03.16 09:24:00

Kursziel

wurde ein Kursziel ausgegeben ?

[Rokky100]

Antwort auf Beitrag Nr.: 51.979.227 von Di2 am 14.03.16 21:05:23

Nein, wuerde aber bis Produktionsaufnahme halten

[Rokky100]

LITHIUM CONCENTRATE PRODUCTION COMMENCES AT MT CATTLIN

http://www.asx.com.au/asxpdf/20160401/pdf/4366rv115j4ycm.pdf

[Nordwaerts]

Interessant

Wer sich für Galaxy interessiert, sollte das hier lesen:

http://galaxylithium.businesscatalyst.com/Investor/reports/S…

:-)

[Schinkenbaron]

Was hat das wohl zu bedeuten?

chrome-extension://oemmndcbldboiebfnladdacbdfmadadm/http://w…

[Schinkenbaron]

Sorry, das sollte jetzt funzen:
http://www.asx.com.au/asxpdf/20160526/pdf/437hc7ht6k94hj.pdf

[Nuggeteer]

Antwort auf Beitrag Nr.: 52.482.514 von Schinkenbaron am 26.05.16 15:06:04

Zitat von Schinkenbaron: Sorry, das sollte jetzt funzen:
http://www.asx.com.au/asxpdf/20160526/pdf/437hc7ht6k94hj.pdf

Das ist vermutlich eine Fusion von Galaxy mit ihrem Partner General Mining, die ebenfalls vom Handel ausgesetzt wurden. Sollte sich das bewahrheiten, wäre es für die meisten Beobachter wenig überraschend. Ein solcher Schritt wurde weitgehend erwartet. Was es für die Aktien bedeutet, hängt von der Ausgestaltung bzw. dem Umtauschverhältnis ab, das bis jetzt noch nicht bekannt ist.

An anderer Stelle verdunkeln sich die Wolken am Lithium-Himmel weiter. Nachdem die Preise für Lithiumkarbonat in China seit einigen Wochen schon nicht mehr steigen, sind sie vor einigen Tagen erstmals leicht gefallen und haben gestern einen weiteren kleinen Rückschritt gemacht.

Ebenfalls negativ muss die Entwicklung rund um die Subventionierung von EVs in China gesehen werden:

26 May 2016
Chinese NEV subsidy probe casts doubt on Li demand

BEIJING (Metal-Pages) 26-May-16. An investigation into new energy vehicle (NEV) manufacturers fraudulently obtaining government subsidies ...

http://www.metal-pages.com/news/story/93612/chinese-nev-subs…

[Nuggeteer]

Antwort auf Beitrag Nr.: 52.482.595 von Nuggeteer am 26.05.16 15:25:04

Zitat von Nuggeteer:

Zitat von Schinkenbaron: Sorry, das sollte jetzt funzen:
http://www.asx.com.au/asxpdf/20160526/pdf/437hc7ht6k94hj.pdf

Das ist vermutlich eine Fusion von Galaxy mit ihrem Partner General Mining, die ebenfalls vom Handel ausgesetzt wurden.

"Lithium duo in $700m merger"

"The lithium boom is set to enter a new phase with expectations the joint owners of the Mt Cattlin spodumene mine near Ravensthorpe are finalising a $700 million merger."

http://www.nationalminingchronicle.com.au/news/latest-storie…

[Schinkenbaron]

News von heute:

http://www.galaxyresources.com.au/announcements-1/bid-implem…

http://www.galaxyresources.com.au/announcements-1/galaxy-res…

[Schinkenbaron]

https://bjoernjunker.wordpress.com/2016/05/30/wie-vermutet-g…

[Nordwaerts]

Spannende Infos zu Galaxy

Galaxy fliegt weiter... Nach der Bekanntgabe des Mergers mit JV-Partner General Mining GMM.

Galaxy Resources is considering Hong Kong listing and is open to opportunities. AGM today.

https://au.news.yahoo.com/thewest/wa/a/31725676/galaxy-looks…

Martin Rowley (Independent Non Executive Chairman):
"The company received enquiries from car companies seeking lock down long term contracts."


Sehr spannend auch die Company Presentation AGM:
http://www.asx.com.au/asxpdf/20160531/pdf/437lppvddct703.pdf


Wenn ich nicht schon investiert wäre, würde ich jetzt immer noch aufspringen. (Keine Handlungsempfehlung!)

DYOR!!!

Mein australisches Lithium-Portfolio:

NMT + GXY + PLS + PIO

Aufteilung: 30 - 30 - 30 - 10

[Mathelehrer]

Antwort auf Beitrag Nr.: 52.508.576 von Nordwaerts am 31.05.16 12:15:01

Hallo,
Ist die Aktie noch immer in DE vom Handel ausgesetzt ?
An der ASX wird gehandelt wie mir scheint.
MfG, gelo

[Nordwaerts]

Antwort auf Beitrag Nr.: 52.509.281 von Mathelehrer am 31.05.16 13:58:08

GXY kann in Deutschland seit gestern wieder gehandelt werden. u.a. tradegate.

[Schinkenbaron]

Artikel über Galaxy auf seekingalpha.com

[clonecrash]

ich bin seit einigen wochen auch dabei

[Rokky100]

[clonecrash]

sehr sparsam mit Meldungen, aber es steigt

[clonecrash]

http://www.galaxyresources.com.au/

Gute Arbeit braucht seine Zeit

[clonecrash]

Klar bei einer Aktienanzahl von 1,98 Mrd. und bei hohen Bewertung, kann da nicht mehr viel steigen.

[clonecrash]

und schon gab es ein Resplit von 1 zu 5

[clonecrash]

Nach einem Resplit fallen Aktien, hier auch wieder zu sehen,
daher erst einmal Finger weg, von dieser Aktie und lernen/beobachten.

Meiner nächster Kaufkurs liegt bei ca. 0,40 €

[Thure]

Warum ist GR denn so sprunghaft über 5000% gestiegen?? Ich kann das nicht nachvollziehen. Kann mich da jemand über die Gründe informieren? Vielen Dank!

[m_pahl]

Antwort auf Beitrag Nr.: 55.102.924 von Thure am 08.06.17 12:10:29

0,3 x 5 = 1,5 Reverse-split. dh.keine Verwässerung, sondern Entwässerung. Der Wert von 5000% ist ein Anzeigefehler.

[clonecrash]

Mein Anteil der Aktie im Depot wurde durch 5 geteilt, also Resplit von 1 zu 5.

Der Resplit 1 zu 5, kurz vorher fiel die Aktie schon, nach dem Resplit geht es weiter,
wie jetzt zu sehen ist.

Meine Meinung ist, es wird noch ein weiterer Resplit kommen.

[clonecrash]

Ich hab meine verkauft mit Gewinn, lächerlich.

Weil die Marktkapitalisierung ist zu hoch, damit sind weitere Steigerungen zu gering.

[JackONeillSG1]

Sehe ich nicht so, da ist viel Phantasie drin, aber die Marge stimmt und die Aussichten könnten kaum besser sein.

[el_padre]

Antwort auf Beitrag Nr.: 55.920.077 von JackONeillSG1 am 10.10.17 14:55:05

Verstehe wer will......

....aber der Kurs hat sich seit August verdoppelt und hier wird überhaupt nicht diskutiert?

Die Zahlen sind überzeugend und die Aussichten brilliant! Cash Flow ist da, Projekte laufen, das Zeitalter der Elektroantriebe ist angebrochen. Eigentlich ist hier ein Unternehmen unterwegs, bei dem die Zukunft gerade erst so richtig begonnen hat.

http://www.galaxylithium.com/media/announcements/43n8ml63nxh…

Ich bin auf jeden Fall dabei und stocke weiter auf.

[abgemeldet568354]

Antwort auf Beitrag Nr.: 55.979.307 von el_padre am 18.10.17 23:52:41

Also ichw bin auch seit Monaten mit dabei und genieße die Kursentwicklung und bin heilfroh, dass diese Aktie nicht so durch Pressemeldungen gepusht wird....haelt die Zocker fern ;-) genauso wie bei Kidman :-)

[nicolani]

gibt es hier jemand, der damals die kapitalerhöhung zu 0,05 AUD mitgemacht hat?

[abgemeldet568354]

Antwort auf Beitrag Nr.: 56.002.404 von nicolani am 22.10.17 21:43:17

Ist noch wer hier investiert? so ruhig hier...

Immer hat "der Global X Lithium Iinvestmentfonds" Galaxy noch auf dem Schirm und eingekauft vor ein paar Tagen

3.492,"GALAXY RESOURCES LTD",2.85,"11,812,816.00","33,633,825.54"

unten rechts
https://www.globalxfunds.com/funds/lit/

[Toni_Trade]

Hallo Zusammen,

jemand Meinungen wie es hier nun weiter geht?
Sehr ruhig geworden, immerhin ist doch Galaxy schon sehr weit...

[abgemeldet568354]

Antwort auf Beitrag Nr.: 56.242.430 von Toni_Trade am 22.11.17 08:56:36

Ja ist wirkt sonderbar ruhig...dabei stieg der Kurs gestern in den USA ueber 7% :-)

[abgemeldet568354]

Antwort auf Beitrag Nr.: 56.256.992 von abgemeldet568354 am 23.11.17 14:06:12

Up date

Hiermal die letzte aktuelle Präsentation von Galaxy

http://www.galaxylithium.com/media/announcements/1740898.pdf

[abgemeldet568354]

Antwort auf Beitrag Nr.: 56.285.132 von abgemeldet568354 am 27.11.17 13:52:09

...Galaxy Resources sein Sal de Vida Projekt

https://www.wallstreet-online.de/nachricht/10077299-goldinve…

[Nuggeteer]

Antwort auf Beitrag Nr.: 56.002.404 von nicolani am 22.10.17 21:43:17

Das nicht. Aber ich habe an drei verschiedenen Tagen zu Kursen unter 0,05 gekauft. Der günstigste Kauf am 05.12.2013 zu 3,7c. Um gleich die nächste Frage zu beantworten: Ich habe sie längst alle verkauft. Zwar halte ich Galaxy für den nach SQM am besten positionierten Player im gesamten Sektor, doch sind die Bewertungen IMO inzwischen dermaßen aufgeblasen, dass ich die Finger davon lasse.

[nicolani]

ja mit der fabrik in china wäre gxy heute das play hoch 8!

[Nuggeteer]

Ich glaube eher nicht. Die hat nie richtig funktioniert und zu keinem Zeitpunkt die vorgesehene Performance gebracht. Ich erinnere mich noch gut an das Desaster mit mehreren Verletzten und sogar einem Toten, als ein Rohr platzte und Arbeiter mit heißer Säure übergoss. Letztlich war diese Anlage der Grund für den zwischenzeitlichen Niedergang von Galaxy weil Herr Tan alles auf einmal wollte und sich dabei mächtig verhoben hat. Von der noch obendrauf geplanten Batteriefabrik ganz zu schweigen.

[nicolani]

Antwort auf Beitrag Nr.: 56.292.281 von Nuggeteer am 28.11.17 00:42:40

ja da kannst du recht haben!

[nicolani]

aber die renaissance kommt, nicht mehr lange!

[dosto]

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[Nuggeteer]

Und so wird es IMO weiter gehen. Galaxy hatte ein kurzes Zeitfenster, in dem sie gut positioniert waren. Als nämlich Greenbushes von heute auf morgen keine chin. Konverter mehr belieferte und Galaxy in Ravensthorpe als erste alternative Quelle Konzentrat - bei hohen Produktionskosten - liefern konnte. Zur Hoch-Zeit konnten sie über AUD900/t einfahren, womit selbst Ravensthorpe profitabel war. Mittlerweile sind 7 solcher Minen in Westaustralien in Betrieb, liefern Konzentrat nach China, wo die Konverter ihre Kapazität nicht im gleichen Maße erweitert haben, weshalb es jetzt zu einem Konzentrat-"STAU" kommt. Das Zeug liegt in China auf Halde aber die Westaustralier liefern immer mehr davon und investieren in immer neue Produktionserweiterungen. Die Folgen liegen auf der Hand, die Preise für Konzentrat sind deutlich gefallen und fallen weiter. Ravensthorpe dürfte als eine der ersten Minen unprofitabel werden (wenn sie es nicht bereits ist).

Auf der anderen Seite hört man über SdV seit Jahren, dass man es entwickele. Außer dem Teilverkauf an Posco ist aber nicht viel geschehen. Kein Partner, keine Finanzierung, keine Produktion, keine Einnahmen.

[dosto]

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

Und so wird es IMO weiter gehen

In der Tat. Sehr unangenehm für Investierte.

[nicolani]

ja sieht schon raulich aus, vielleicht liegt's aber auch an dem augenblicklichen brennstoffzellen-hype, wer weiss was da kommen soll! wir werden es erleben! ist halt die frage aller fragen, was wird das speichermedium der zukunft!

[spezi1000]

ab dem 1.1 2018 schossen die Wsserstoff aktien nach ab und der Abgang der Lithium Aktien hat genau auch dort begonnen. Es sieht so aus als ob größtenteills auf Wasserstoff gesetzt wird.

[Videomat]

Antwort auf Beitrag Nr.: 61.787.323 von spezi1000 am 29.10.19 09:53:49

Wasserstoff ist der aktuelle Hype, hochvolatil und teilweise riskant!
Auch dort wird es noch einige Korrekturen geben.

Diese sind im Lithium-Bereich bereits durch.
Wenn E-Autos nicht völlig out sind, geht es hier jetzt neu los, wenn auch ruhiger...

[check-out]

Australia’s Galaxy Resources to cut costs, volumes at flagship mine

https://www.mining.com/web/australias-galaxy-resources-to-cu…

[Maxwell1968]

Diagramm sieht gut aus. 14% Wachstum in einem Monat.

[N.Y.]

Der Bodenbildungsprozess sollte in kürze abeschlossen sein, schöne umgekehrte SKS, in den nächsten Tagen wohl ein Kaufsignal auf weekly Basis. die wahnsinnig hohe shortposition wird den laden am schnellsten auf alte High treiben. spätestens wenn es über 1.32 AUD geht muss man dabei sein.

Gute Trades

[Ampco]

Antwort auf Beitrag Nr.: 62.764.754 von N.Y. am 23.02.20 21:35:35

Meinen Respekt für diese Prognose N.Y.
Halbes Jahr Verzögerung kann man Corona in die Schuhe schieben.

Ich denke auch das es das war.
Ein once-in-a-Lifetime-Dings-Bums-Turnaround 💲📈💲

[check-out]

Die weltweite Lithiumnachfrage wird sich bis 2024 verdoppeln

https://www.mining.com/global-lithium-demand-expected-to-double-by-2024/

[LugInvest]

Galaxy gibt einen neuen Abnahmevertrag mit einer Laufzeit von 3 Jahren bekannt. Die chinesische Firma Chengxin kauft jährlich 60.000 dmt Lithium-Spodumen.

https://wcsecure.weblink.com.au/pdf/GXY/02307091.pdf

[LithiumLove]

http://epsteinresearch.com/about/

[dosto]

Alles weg
Gyx und ozl

[nicolani]

ist hier noch jemand investiert!

[nicolani]

https://www.kitco.com/news/2021-04-14/Galaxy-Resources-Sal-d…

[kehlsen]

Antwort auf Beitrag Nr.: 67.810.151 von nicolani am 14.04.21 13:01:38

Ja, ich. Galaxy ging ganz schön gut ab seit dem Corona Tiefpunkt. War auch in Orocobre investiert, die habe ich allerdings verkauft weil ich zu oft gelesen habe das die nur mindere Qualität produzieren wofür schlechte Preise erzielt werden.

[nicolani]

Antwort auf Beitrag Nr.: 67.840.307 von kehlsen am 16.04.21 09:22:08

super, denke wir werden hier noch sehr viel spass haben!

[kehlsen]

Fassen wir mal zusammen, sie wollen einen neues Förderleistung erschließen, das Kapital für die erste Ausbaustufe haben Sie, bei niedrigen Abbaukosten Förder Sie hohe Qualität ( 80% Batterygrade )

[kehlsen]

Fördergebiet
fördern
Scheiß Handy

[Affendaxx]

Da ist sie, die Übernahme durch Orocobre

https://www.nippon.com/en/news/reu20210419KBN2C600G/

Im Rahmen der Vereinbarung erhalten die Galaxy-Aktionäre für jede Galaxy-Aktie 0,569 Orocobre-Aktien. Orocobre-Aktionäre würden letztendlich 54,2% des zusammengeschlossenen Unternehmens besitzen, während Galaxy-Aktionäre die restlichen 45,8% halten würden.

[kehlsen]

Moment mal, verstehe ich das richtig.

Als Galaxy Aktionär bekomme pro Aktie 0,569 Orocobre Aktien und das war es?

Beim momentanen Kurs wäre es besser Galaxy zu verkaufen

[kehlsen]

Besonders ist der Galaxy Kurs ja jetzt erstmal auf der Höhe festgenagelt

[kehlsen]

Ne quatsch, steigt Orocobre, steigt Galaxy auch.

[nicolani]

wieder mal einer meiner werte, der übernommen wird! bleibe aber hier dabei!

[kehlsen]

Antwort auf Beitrag Nr.: 67.869.748 von nicolani am 19.04.21 14:23:52

Ne, wird nicht übernommen, sondern fusioniert.

Dachte auch erst Orocobre kauft Galaxy, weil das manche so geschrieben haben, ist aber eine Fusion.

Warum geht es heute 7% in den Keller? Da ist doch was im Busch

[Wunram]

so, das wars dann mit GXY. Mal sehen wie die MergeCo mit ORE dann heißen wird

[Mathelehrer]

Hallo, werden meine Galaxy Aktien automatisch umgetauscht? Danke und vG, Mathelehrer

[kehlsen]

Nein, du musst dir deine Aktien ausdrucken, damit nach Australien fliegen und dort gegen Orocobre umtauschen.
Kassenbon vom Kauf der galaxy resources nicht vergessen, sonst kannst du gerade nochmal zurückfliegen und den noch holen.



Sorry, der Witz musste sein. Ja, Aktien werden automatisch getauscht/umgewandelt.

[Wunram]